UK Prime Minister May to seek early election

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The negotiations are expected to be tough and will likely take place over two years, though the more complex aspects of Britain's future relationship with the European Union, such as trade, could take even longer. The Liberal Democrats have said they want to grind the business of government to a standsill.

She took advantage of the brief meeting unfolded on Downing Street to mention the British Government has the flawless plan to negotiate the terms of the Brexit but they require the right "political unity" from London, informs Reuters.

The Prime Minister laid our her vision for Brexit in January and more formally later with a White Paper.

May's spokesman, speaking to reporters ahead of the return of Parliament the following week, said there was "no need" for another general election following the one in May 2015. May said that "our opponents believe that because the government's majority is so small, our resolve will weaken and that they can force us to change course" on leaving the EU.

The Labour Leader Jeremy Corbyn has said that he welcomes an early election.

"I think it's right that the next general election is in 2020".

May's Conservatives, who were split on the issue of European Union membership ahead of last year's referendum, are now far ahead of Labour, the main opposition party, according to opinion polls.

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"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", she said.

May said her administration had already given Britain the "certainty, stability and strong leadership" the country needed after the referendum. This isn't about political games, it's about what is right for the country. "There is not going to be a general election".

The pound surged 0.7 percent against the dollar to $1.2658, recovering from a 0.4 percent drop an hour earlier as rumors swirled about the surprise statement.

May came to power in July 2016 after her predecessor David Cameron resigned following the shock Brexit referendum vote in June for which he had campaigned for Britain to stay in the European Union.

May, who commands only a slim majority in parliament's lower House of Commons, said that a new mandate would strengthen her hand in Brexit talks.

Despite repeatedly saying that she wouldn't call a new election following her ascension to the post of Prime Minister in July previous year, the announcement came in the wake of several polls putting the Conservatives comfortably ahead of Labour.

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