The announcement made this morning by Prime Minister Theresa May that a snap election will be held on 8 June, has resulted in a flurry of activity both in Westminster and in the City.
The Prime Minister believes the United Kingdom requires strong leadership, certainty and stability to pursue the Brexit project, Theresa May's slim majority of 17 leaves her exposed to risk and with the likelihood of stormy Brexit waters ahead she is wise to try and strengthen her position. The negotiations with the EU over the next two years are almost certainly going to be tough and Mrs. May needs to be able to show that she has strong support behind her
A vote on the proposed election will be held on Wednesday, as the Prime Minster needs the government backing to hold a vote before 2020. There seems little doubt that she will received the required permission to go ahead as both Labour and Liberal Democrat parties appear to be backing the Prime Minister's decision and are expected to vote in favour of the snap election.
Theresa May maintains the current...