Theresa May calls for UK General Election for June 8

International Desk: British Prime Minister Theresa May has announced plans to call a snap U.K. general election on June 8.

U.K. ministers will vote on the proposed election on Wednesday. The Prime Minister requires a two thirds majority in U.K. parliament to suspend the Fixed-Term Parliaments Act that would allow a snap election to proceed.

If the election goes ahead it would take place almost exactly a year after last year’s Brexit referendum on June 23.The pound dropped sharply ahead of the statement.

The pound fell 0.3% to $1.2525 by 9:45am GMT just 15 minutes after it was announced that British Prime Minister Theresa May would be making an unexpected statement in Downing Street at 10:15 GMT (11:15 local time).

Source: Agencies



risingbd/ April 18, 2017/Mukul