'General Election must reinforce momentum towards regional devolution', says Yorkshire business leader

Cheryl Sanders
April 19, 2017

However, she now believes that as Britain ventures further into the Brexit negotiations, the country should have a vote on its leadership.

May triggered a two-year countdown to Britain's exit from the European Union last month, and negotiations to settle divorce terms and agree on a new relationship are expected to start within weeks.

"The UK elections do not change our EU27 plans", Preben Aamann, a spokesman for European Council President Donald Tusk, said in a statement after Tusk spoke to Prime Minister May. Political divisions "risk our ability to make a success of Brexit", she said.

It can allow for an early election in two ways: either by losing a vote of no-confidence by a simple majority, or by passing an election motion with the backing of two-thirds of MPs.

If we do not hold a general election now their political game-playing will continue, and the negotiations with the European Union will reach their most hard stage in the run-up to the next scheduled election.

Deutsche Bank AG, who in 2015 accurately predicted the pound would drop to a 31-year low the following year, is exiting all its bearish sterling trades after U.K. Prime Minister Theresa May called for an early election.

The Labour leader said he "welcomed" the shock announcement of a vote on June 8 and pledged to offer a "clear and credible" choice to the British people.

But since that election the main opposition Labour party has collapsed in the polls, leaving her in a much stronger position and making an election win significantly more likely.

The vote is viewed as an attempt by May to secure a new mandate in Brexit negotiations.

The government must convince businesses in Swindon that the snap General Election called for by Prime Minister Theresa May today won't scupper vital talks with the European Union over Brexit, the region's largest business organisation said.

Opposition parties said they would not block the move, sending Westminster into full-throttle election mode. "I have concluded the only way to guarantee certainty and security for years ahead is to hold this election", she added.

The EU parliament's Brexit coordinator Guy Verhofstadt, said that the election would be an opportunity for the British people to form the future of its withdrawal and planned to "work with the new government for the best common future possible".

On top of that, the election could see the Scottish National Party lose seats and weaken calls for an independence referendum in Scotland.

May will go to the House of Commons Tuesday to lay down the necessary legislation for the calling of an early general election. And judging by the political landscape, it is nearly inconceivable that she won't get it.

May's office says she will speak at 11:15 a.m. (1015GMT) Tuesday, after the weekly meeting of her Cabinet.

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