Back
News

Election looms. What are the implications for development?

Just over two weeks remain until the local elections and around 20 months are left to negotiate Brexit. Anybody accusing the government of not being sufficiently busy will be eating their words now.

And now, according to prime minister Theresa May’s announcement on 18 April, there are now just under 50 days until the next General Election. That is, of course, if it happens at all. The first hurdle to all this is the Fixed Term Parliament Act 2011, the brainchild of then-deputy prime minister Nick Clegg, which prevents the PM from simply going to the Queen to dissolve parliament.

In order to get her election, Mrs May must first get two-thirds of MPs to vote in favour of calling a General Election. Early pronouncements from Labour, the SNP and the Lib Dems indicate that they will back a fresh election and one would assume that May would have made this move only after having squared it with her own MPs.

Start your free trial today

Your trusted daily source of commercial real estate news and analysis. Register now for unlimited digital access throughout April.

Including:

  • Breaking news, interviews and market updates
  • Expert legal commentary, market trends and case law
  • In-depth reports and expert analysis

Up next…