Britain's Prime Minister Theresa May speaks to the media outside 10 Downing Street in London on April 18. That motion, as set out by the Fixed Term Parliament Act, will require a two thirds majority of the House of Commons.
Some argue the past gains for the FTSE, along with some of the major merger deals done since a year ago, also reflect the corporate world's confidence that sterling is unusually cheap - and will recover.
"The UK government would be in a stronger position to negotiate the terms of Brexit and May's government would be given a definitive mandate for Brexit ..."
"We will be consulting our members on the RCN's manifesto and the commitments they want to see from election candidates", she added.
"At this moment of enormous national significance there should be unity here in Westminster, but instead there is division", she said.
Explaining the decision, May accused opposition MPs of playing games with Brexit and claimed "the country is coming together but Westminster is not".
"So we need a general election and we need one now", she said.
It is also a risky roll of the political dice.
Senior Tories have urged Mrs May to call an early election, taking advantage of the Conservatives' healthy opinion poll lead over Jeremy Corbyn's Labour. It took nine months for the prime minister to work through court battles and parliamentary votes to gain the legal powers necessary to officially begin the divorce process, which she did last month.
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The post Britain's prime minister aims to hold early elections in June appeared first on PBS NewsHour.
May called on voters to throw their support behind her Conservative Party, adding that "every vote for the Conservatives will make me stronger" in Brexit talks.
Corbyn welcomed the election plan.
He said: "The people of Britain spoke very clearly at the referendum about our membership in the European Union and it's important the Prime Minister has a proper majority in the Commons to push through the will of the public". News and Sky News had blanketed coverage hours after May's statement.
May wants to establish a fundamental political cleavage in British society between pro and anti-Brexit forces. "Let's stand up for Scotland", SNP leader Nicola Sturgeon said, using a colloquial name for the Conservative Party.
Lord Hill, a former European Commissioner, told me when he came before the Foreign Affairs Committee that recent political discourse has been dominated by reruns of last year's referendum campaigns rather than by constructive discussions on how the United Kingdom can forge a new role for itself now that the referendum has taken place.
Negotiations to leave the European Union will be arduous. Whichever party gets the majority of the seats in the House of Commons then becomes entitled to select the prime minister.
He said that the election would reduce the chances of any reversal of Britain's decision to leave the EU.
The European Union appeared unwavered by the announcement.
Her spokesman said she had the backing of her top team of ministers and had informed Queen Elizabeth of her plans.
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