With Britain now set for a hung parliament there will be little end to the uncertainty. The shock results — which saw the Conservatives dramatically underperform expectations — immediately raises questions about the future of Prime Minister Theresa May, who had called the election to seek validation of her approach to Brexit and the policy beyond.
While there is much speculation about who could succeed her, Foreign Secretary Boris Johnson tops the list. Until there are any formal decisions on this, Ms. May will remain Prime Minister, and leader of her party.
The Conservatives will remain in power until a decision about the future government is taken. The Conservatives can try to negotiate a deal with other parties — most likely the Democratic Unionist Party of Northern Ireland. If they were unable to do so they would step down, enabling the Labour to attempt to form a government.
The Labour has ruled out coalitions. Instead, the party said it would attempt to form a minority government, which would put its vision of the road ahead to MPs in the Queen’s Speech to the House of Commons, following the opening of Parliament on June 19.