MPs will vote later on whether a snap general election can be held on the 8th of June. There'll be a debate in the Commons later followed by a vote - which needs to a two thirds majority to go through. The Prime Minister's said for months there wouldn't be an election before 2020 - but has changed her mind because of divisions within Westminster.
Georgie Frost was joined by Nigel Cassidy this morning for the latest market headlines starting with company announcements from Primark owner, Associated British Foods and luxury brand Burberry revealing a rise in UK sales. And Tesco is selling its optician business to Vision Express.
The CIPD warns that the UK is sleepwalking into a low-value, low-skills economy which leaves the nation ill-prepared for its post-Brexit future, particularly if the UK is to face restrictions on accessing talent from outside of the UK.
Now to Theresa May and her announcement just yesterday calling for a snap general election on the 8th June. She said Britain needed certainty, stability and strong leadership following the EU referendum. Explaining her decision was made because, "The country is coming together but Westminster is not." Today there will be a Commons vote on the proposed election, which is likely to go through.
An Indian businessman has appeared at a court in London yesterday and could face deportation back to Delhi under fraud charges. Vijay Mallya was once dubbed India's Richard Branson, but times have changed after his company Kingfisher airlines got into problems.
It wasn't just London shares sinking: Across the pond, the S&P 500 had fallen for the fourth time in five sessions by last nights close - weighed down by a big share fall for Goldman Sachs and Johnson & Johnson following their quarterly results. The big question remains, will much of the supposed smart investment placed on Donald Trump's America prove less than smart?
Ed Bowsher is joined by Daniel Thomas, deputy companies editor at the Financial Times to discuss the latest company news, including Weetabix being sold to a US firm, and the effect the early General Election announcement has had on the markets.
The pound was firmly up after the surprise election news, wiping out earlier losses. To better understand the announcement's effect on the markets, Ed Bowsher was joined by John Barrass, deputy chief executive of the Wealth Management Association.
Georgie Frost checked in with the UK Money blogger community fresh from their Monday Twitter chat. Last night they looked at the different stages of bringing up a child, after research revealed raising a child to 21-years-of-age will cost £200,000. Laura Light joins to talk more. Her site is : savings4savvymums.co.uk
Today on the agenda, Georgie Frost and Sara Benwell, Consumer Editor at Good Housekeeping discussed one in five nurseries warned they would not partake in giving parents 30 hours of free childcare. Plus they look into grandparents passing on 400-billion pounds in wealth to younger generations. All these stories and more on The News Review.