Campaign begins as UK MPs vote for early election

It has not gone unnoticed that yesterday's market reactions are highly uncharacteristic of the economic response to snap elections, which usually serve to increase uncertainty.

In the latest poll conducted since Britain Prime Minister Theresa May called election, the Conservative Party lead with 48 percent, followed by the Labour Party with 24 percent, The Times reported, citing YouGov poll data.

Senior lecturer in politics at the University of York, Dr. Sofia Vasilopoulou, said: "It is a good opportunity to put Conservative party divisions on ice in the interest of winning the general election".

May wasted no time, going from the vote in Parliament to kick off her campaign with a speech in to supporters northwestern England.

"I will be asking the British people for a mandate to complete Brexit and to make a success of it", the Conservative leader said, to cheers from her lawmakers sitting behind her.

"It's about providing the strong and stable leadership this country needs to take Britain through Brexit and beyond, it's about strengthening our hand in the negotiations that lie ahead, and it's about sticking to our plan for a stronger Britain that will enable us to secure that more stable and secure future for this country and take the right long-term decisions for the future".

May surprised allies and opponents on Tuesday when she announced her plan to bring forward an election that was not due until 2020, saying she needed to avoid a clash of priorities in the sensitive final stages of the two-year Brexit talks. Its lawmakers abstained during Wednesday's vote. The Conservatives would need a swing of 5.1 per cent, but Labour has held the seat at every General Election since 1997.

Standing in Downing Street before a packed press gallery, May said Britain needed stability and strong leadership at this time.

"She expects a coronation and not a contest", Farron said, urging voters to back his strongly pro-EU party to stop a Conservative landslide.

The Liberal Democrats won a ninth seat in parliament in a by-election in Richmond in December.

The decision means that the election campaign can now begin in earnest.

Speaking after a meeting of Labour's governing National Executive Committee, Mr Corbyn said: "There will be no coalition deal with the SNP and a Labour government".

European Union officials say Britain's surprise election will not interrupt the bloc's preparations for Brexit talks - though they will slightly delay the start of negotiations.

It had been hoped talks could start by the end of that month, but EU Commission spokesman Margaritis Schinas said Wednesday that "the real political negotiations" with Britain would not start till after the June 8 election.

May ruled out participating in televised debates with other leaders. "The election gives the British people the chance to change direction". People who complacently allowed Theresa May to gamble so recklessly and ineptly with the entire United Kingdom economy, and believed her weird claim that giving her total free rein (rather than electing people to actually hold her to account) would somehow create "certainty and stability" rather than absolute chaos.

But Scotland's first minister, Nicola Sturgeon, described the decision as a "huge political miscalculation" that could help her efforts to hold a new independence referendum.

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