Theresa May 'won't take part in TV debates' ahead of general election

Theresa May 'won't take part in TV debates' ahead of general election

Theresa May 'won't take part in TV debates' ahead of general election

She announced that she had changed her mind "recently and reluctantly" because "the country is coming together but Westminster is not".

Triggering a General Election is no longer entirely straightforward as a matter of law.

Parliament's point man on the Brexit negotiations, former Belgian prime minister Guy Verhofstadt, also avoided suggesting the election could now keep Britain in the EU.

The Fixed-Term Parliaments Act sets the general election date as the first Thursday in May every five years, meaning 2020 is the next expected contest.

Investors also remain concerned about the French presidential election this weekend and the possibility of USA military action against North Korea. Only one election (on 7 May 2015) has actually taken place under the new cycle.

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The vote on the motion for an early election will take place on Wednesday 19 April. The next following general election will then be scheduled for Thursday 5 May 2022, assuming FtPA is not repealed.

"The way the market is reading it, it is viewed as something that creates a more stable political outlook for Brexit to happen, which in itself is viewed as a positive", said Alvise Marino, FX strategist at Credit Suisse in NY. It now numbers as many as 80 but could be potentially far more after the election.

"The Liberal Democrats are the real opposition to the Conservative Brexit Government", he said.

With Brexit negotiations due to conclude by 2019 - and a second referendum on Scottish independence on the horizon - the calendar was tilted against May.

Q What does it mean for Brexit?

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According to Mrs. May, "The only way to guarantee certainty and security for years ahead is to hold this election". It was precisely those divisions in the Conservative party which her predecessor David Cameron failed to confront which, in turn, propelled the United Kingdom into the disastrous Brexit vote.

A poll giving centrist independent Emmanuel Macron the lead ahead of the first round of France's presidential election boosted the euro.

Although there are clear benefits for the Conservative Party in holding a general election in 2017, the same does not go for the country, writes Andrew Defty. "It was Hitchcock who directed Brexit", he wrote on Twitter in response to May's announcement. If the Prime Minister won't attend, empty chair her. Corbyn can defend her position as they seem to vote the same on these matters. May echoing UKIP by promising to implement the referendum result with "no way back".

On top of that, May - who was appointed prime minister by her fellow Conservatives after David Cameron's resignation - had been facing the prospect of a national election in May 2020, which would have been just 15 months after the U.K.'s scheduled withdrawal from the European Union, a point at which the pain of Brexit is likely to be felt far more acutely than any gain. One would expect so. That would allow Mrs May some political space to deal with any of the potentially negative effects of Brexit. At least it presents an opportunity to be able to produce the clarity that a simple Leave-Remain referendum could not do.

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