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How Early Brexit Vote Will Effect The Market – CNBC

April 18
15:22 2017

U.K. citizens could be heading to the ballot boxes again this Summer after British Prime Minister Theresa May called for an early general election as difficult Brexit negotiations get underway.

The prime minister said in a surprise statement on Tuesday morning that her decision had been made “recently and reluctantly”, but argued that the U.K. has a “one-off opportunity” to form a unified government while the EU decides its negotiating position on Brexit.

“We need a general election and we need one now,” May said Tuesday at the announcement held outside 10 Downing Street. The early election is due to be held on June 8 but would a need a two-thirds majority by U.K. lawmakers before being made official.

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