FIRST AIRED: April 18, 2017

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Transcript

00:00:01
>> 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.>> British Prime Minister, Theresa May, has just announced that Britain will be holding a snap election on the 8th of June.
00:00:17
Outside number 10 Downing street, I'm Reuters' reporter Mia Womersley, where after a cabinet meeting, the PM announced that Britain will head to the polls in just over seven weeks time. The announcement came as a real surprise, the news breaking earlier this morning that Theresa May would be making some sort of announcement.
00:00:34
Now, it's unusual for leaders to make a statement here outside number 10 Downing Street. And most of them only use this setting for major announcements. It's been just over three weeks since Theresa May officially triggered Brexit, beginning the two year process of negotiations to see Britain leave the EU.
00:00:52
Now, she's blamed this snap election on the other parties, saying that they were trying to derail that process.>> May's Conservatives are currently far ahead of the Labour Party opposition. And she said that she'd introduce legislation on Wednesday to pave the way for this early election because, under current legislation, the next vote wasn't due to take place until the year 2020.
00:01:12
Markets reacted to the news as sterling rose against the dollar, with Theresa May insisting that Britain has the right plan for negotiating Britain's leaving the EU, and saying that she needs political unity here in London.