Economics
May Sees Election Opportunity in Brexit Economy's Sweet Spot
- Prime minister calls snap election as growth beats forecasts
- Weaker pound boosting exports before new trading rules
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The U.K. economy is in a sweet spot and Theresa May’s not letting it go to waste.
The lowest unemployment in more than a decade and forecast-defying growth give the U.K. prime minister a favorable backdrop for the snap vote she called on Tuesday. That positive environment was reinforced just hours after her announcement when the International Monetary Fund published a huge upgrade to Britain’s outlook.