UK PM Boris Johnson says he wants December 12 general election

Source: CNBC

The U.K. Prime Minister Boris Johnson has reportedly confirmed he will give lawmakers more time to study his Brexit deal but only if they agree to a U.K. general election on December 12.

Johnson said Thursday that if there is support for his election plan, then Parliament would be dissolved on November 6.

Following the various media reports, sterling weakened to $1.2807 versus the dollar — a one week low.

The European Union is currently deciding how long an extension it wants to give the U.K. for membership while it attempts to agree on a withdrawal deal among U.K. lawmakers.

Read more: https://www.cnbc.com/2019/10/24/boris-johnson-says-he-wants-december-general-election-to-fix-brexit.html