British PM calls snap general election on June 8

But one of his MPs has already said he can not stand on 8 June while Mr Corbyn is at the helm of the party.

German Foreign Minister Sigmar Gabriel said in comments to the Funke newspaper group published Tuesday that "any long uncertainty definitely will not do political and economic relations between Europe and Britain any good".

"Other political parties oppose it".

The British currency dropped ahead of May's surprise announcement, but it reversed course and entered positive territory as she spoke.

The majority of companies on the FTSE saw their share prices decline, with 70 per cent of the 1,870 companies traded seeing their value fall at the time of publication.

She urged voters to back her plan, saying other parties may try to destabilise Britain at crucial points in the European Union talks. However, a Press Association projection based on an average of recent polls suggests that Conservatives could gain 56 seats, leaving Mrs May with a comfortable Commons majority of 124 seats.

Opposition parties said they would not block the move, sending Westminster into full-throttle election mode. "The Liberal Democrats have said they want to grind the business of government to a standstill".

If approved, the election will take place on June 8, nearly one year after the so-called "Brexit" vote when the United Kingdom elected to leave the European Union.

Still, in a statement, Corbyn said he welcomed "the decision to give the British people the chance to vote for a government that will put the interests of the majority first".

"People in this country have had enough with the Tory agenda of brutal cuts to public services and in the coming weeks Labour will be putting forward our better vision for the future of this county".

German Foreign Minister Sigmar Gabriel said he hoped early elections called by Britain's prime minister would bring more "clarity and accountability" in its negotiations to leave the European Union.

Nicola Sturgeon, first minister of the Scottish government, described the decision as a "huge political miscalculation" that could help her efforts to hold a new independence referendum.

British prime ministers used to have the power to call elections at will, but the Fixed-Term Parliaments Act, passed in 2011, makes things more complicated. But an early election can take place if two-thirds of lawmakers in the House of Commons vote for it.

Dr Cole added: "For the Labour Party this is perhaps a more risky election than there has been since, say, 1983".

As Theresa May called an early general election for June 8, it seemed that Shropshire readers agreed. A YouGov poll published on Sunday put May's Conservative party ahead on 44%, with Labour on 23%. A resounding win would bolster her mandate in upcoming talks with the European Union over the country's exit.

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

An early United Kingdom election would reconfigure the calendar and eliminate much of the Brussels edge.

She said her cabinet members had agreed with her decision at a meeting she chaired at Number 10 immediately before her announcement.

  • Elsie Buchanan