May under pressure as election ends in hung parliament

Pound and UK equities set for bumpy day

Julian Marr
clock • 3 min read

The 2017 UK General Election has ended in a hung parliament after the Conservatives failed to secure the majority pollsters had predicted in the run-up to yesterday's vote.

With just a handful of constituencies still to declare a winner, the Conservatives were projected to win 318 seats, Labour 261 and the SNP 35. This would mean Labour had gained 29 seats while the Tories had lost 13 and the SNP had lost 22. UKIP lost its only seat. According to the BBC, the Conservatives were forecast to win 42% of the vote, Labour 40%, the Lib Dems 7%, UKIP 2% and the Greens 2%, signalling "a return two-party politics in many parts of the country, with Labour and the Conservatives both piling up votes in numbers not seen since the 1990s". Turnout so far is 68.7% - up two...

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