The British government's views on upcoming Brexit negotiations have not changed following Prime Minister Theresa May's failure to win an outright majority at a national election, Defence Minister Michael Fallon said on Sunday.
While May has rebuffed calls to resign and is confident of forming a governing partnership with Northern Ireland's DUP party, there is no clear idea yet of how the election result may have affected her negotiating position. "This will make already complex negotiations even more complicated", tweeted Guy Verhofstadt, who represents the European Parliament in the Brexit negotations.
The pound slumped amid another bout of British political uncertainty nearly a year since the narrow vote to leave the EU. She then called a snap election hoping for a big majority to strengthen her negotiating hand.
Ahead of the election, traders were "heavily stacking their cards in favor of a landslide victory for Theresa May when pricing in the United Kingdom election", said Jameel Ahmad, vice president of market research at FXTM, in a note.
"The British have spoken, they have voted, and have given the Conservative party a majority, albeit a simple majority, which is something of a surprise", Prime Minister Edouard Philippe said on France's Europe 1 radio station.
Within the two years of talks, Britain wants to not only agree on the terms of its exit but also negotiate a new relationship on things like trade and security.
With talks due to start in Brussels in ten days time, Mr Tusk said it was their "urgent task" to get on with the negotiations in "the best possible spirit".
First came infighting among Conservatives about the kind of Brexit they wanted and unrealistic expectations about the deal they could get, then an election campaign in which May took personal aim at Brussels and accused the European Union of meddling in the polls.
United Kingdom leader May strikes tentative deal with Northern Ireland party
He said it was impossible to predict whether she would still be prime minister at the end of the year. "This is still on". Corbyn was increasingly willing to engage over the course of the election, joining in a televised debate that he and Ms.
According to Mrs Merkel, Germany waits for the election in Britain, at the same time, no need to underestimate that talks on Brexit should start as sonn as possible.
He urged the Government to "reconsider whether it's really good for Great Britain to withdraw from the European Union in this way".
S&P Global said the election won't immediately affect the country's credit ratings but warned it could create further uncertainty by potentially delaying Brexit negotiations.
The Prime Minister had called for the snap election back in April. This did not help May, who, in her previous role as interior miniser for six years, had overseen cuts in the number of police officers.
"Certainly that's not what the Dublin government want to see, not what the London government wants to see and not what Stormont want to see".
Northern Irish unionists gave full backing to May for a new government, with party leader Arlene Foster saying they will contribute to the country's "stability".
Some senior Tories had made the removal of Hill and Timothy a condition for continuing to support May, who has vowed to remain prime minister despite the Conservatives losing their overall majority in Parliament. However, the potential for higher public borrowing from a new government less in favor of the Conservative Party's austerity program could push up yields, they said.
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