Johnson Seeks Dec. 12 Election to Break Deadlock: Brexit Update

(Bloomberg) -- Sign up to our Brexit Bulletin, follow us @Brexit and subscribe to our podcast.U.K. Prime Minister Boris Johnson announced he will seek a general election on Dec. 12 in an effort to secure a Parliamentary majority for his Brexit deal.Johnson briefed his cabinet on Thursday afternoon and announced that a motion will be put to Parliament for a vote on Oct. 28.By law, he will need to secure the backing of two-thirds of members of Parliament to hold an early electi