British PM May calls for early election to strengthen Brexit hand

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British Prime Minister Theresa May called on Tuesday for an early election on June 8, saying she needed to strengthen her hand in divorce talks with the European Union by shoring up support for her Brexit plan.

Standing outside her Downing Street office, May said she had been reluctant about asking parliament to back her move to bring forward the poll from 2020. But, after thinking long and hard during a walking holiday in Wales, decided it was necessary to try to stop the opposition jeopardising her work on Brexit.

Some were surprised by her move she has repeatedly said she does not want to be distracted by time-consuming campaigning – but opinion polls give her a strong lead, the economy is weathering the Brexit vote and she has faced opposition from her own party for some of her domestic reforms.

Sterling rose to a four-month high against the U.S. dollar after the market bet that May would strengthen her parliamentary majority, which Deutsche Bank said would be a “game-changer” for the pound.

The stronger pound helped to push down Britain’s main share index, which was headed for the biggest one-day drop since June 27, days after Britain voted to leave the EU.

It was with reluctance that I decided the country needs this election, but it is with strong conviction that I say it is necessary to secure the strong and stable leadership the country needs to see us through Brexit and beyond, May said.

Britain joins a list of western European countries scheduled to hold elections this year. Votes in France in April and May and in Germany in September, have the potential to reshape the political landscape around the two years of Brexit talks with the EU expected to start in earnest in June.

May is capitalising on her runaway lead in the opinion polls. The Conservative Party is around 20 points ahead of the main opposition Labour Party, a large lead for an incumbent party two years after the last parliamentary election.

The prime minister’s own personal ratings also dwarf those of Labour leader Jeremy Corbyn with 50 percent of those asked saying she would make the best prime minister. Corbyn wins only 14 percent, according to pollster YouGov.

Some voters questioned on social media whether they wanted to cast yet another ballot less than a year after the June referendum on EU membership and two years after they voted in the last parliamentary poll.

Business groups expressed concern that the government’s focus may stray away from the economy. Adam Marshall, director general of the British Chambers of Commerce, called for reassurance that the key challenges facing the economy will be front and centre throughout any election period.

European Council President Donald Tusk, who is running the negotiations with Britain, said the election was a Brexit plot twist worthy of master of suspense Alfred Hitchcock.

Source : Reuters

 

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