World Markets Live - April 18 - CNBC Live Events
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World Markets Live - April 18

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  • The U.K. prime minister has called for an election to be held on June 8. The next general election was scheduled for May 2020.
     
    It's a clever move by Theresa May, who's Tory party enjoys a 21 percent lead in election polls. This would increase the party's majority in the House of Parliament. Currently, the ruling party enjoys a majority of just 17 MPs.
     
    Sterling rose against the dollar after May made the surprise announcement outside her Downing Street office.

    I have just chaired a meeting of the cabinet where we agreed that the government should call a General Election to be held on the 8th of June, May said.
    by luke.graham edited by Spriha Srivastava 4/18/2017 10:17:16 AM
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