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Theresa May, a weakened and fragile leader

12 June 2017

British Prime Minister Theresa May's gamble in calling an early election appeared Friday to have backfired spectacularly, with a real possibility that her Conservative Party could lose its majority in Parliament. In light of the fact that Labour leader Jeremy Corbyn has called on the Prime Minister to resign as she had sought a mandate and not got it, and has asserted that his party is ready to form the government (with the help of others), it remains to be seen if the Tories can command a majority in the House.

With 649 of 650 seats declared, the Conservatives had won 318 seats and Labour 261 followed by the pro-independence Scottish National Party on 34.

"Asked how he thought the election result would affect Brexit negotiations, Lord Sugar said: "[Theresa May] needs the backing of her party to go forward and carry on with the negotiations with the rest of Europe.

May will remain prime minister and was yesterday trying to forge a government by collaborating with the Democratic Unionist Party, which won 10 seats in Northern Ireland.

When May called the election seven weeks ago, she was seeking to capitalize on opinion polls showing that her Conservatives had a wide lead over the opposition Labour Party. Labour, written off as nearly unelectable just weeks ago, surpassed expectations by securing 261 seats in a last-minute surge of support.

"I don't think Theresa May and this government have any credibility", Corbyn said, predicting that there could be another election within months.

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Mrs May's authority drained away in a night of shock that sent sterling plunging, as the world weighed the implications for Brexit negotiations, which are due to start in 10 days. The Liberal Democrats, who ran on a full-throated, pro-European platform, increased their representation in Parliament by clinching new seats in the Scottish Highlands.

The shock result and the prospect that the European Union will now be negotiating with a shaky British government cast dark clouds over the Brexit negotiations just 10 days before they are due to start.

May's Downing St. office said Conservative Chief Whip Gavin Williamson was in Belfast Saturday for talks with the DUP "on how best they can provide support to the government".

Corbyn said Labour would try to amend the Queen's Speech to include its own commitments to end austerity and boost public spending. However, what we're facing now because of this election result is potentially a period of pretty damaging paralysis, because Theresa May hasn't got a stonking great majority in Parliament.

The Guardian, which backed Labour, said May and the Conservatives had gone from "hubris to humiliation" during the election campaign.

Many predicted she would soon be gone.

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The early results for the United Kingdom election are in, and from a market perspective it could hardly be any worse.

The Conservatives built their election campaign around May's ostensible strengths as a "strong and stable" leader, and the outcome is a personal slap in the face.

"For me, I don't know where we go".

Standing outside 10 Downing St. today, Britain's Prime Minister Theresa May tried to put a fearless face on the disastrous results of Thursday's vote.

In the late stages of the campaign, Britain was hit by two Islamist militant attacks that killed 30 people in Manchester and London, temporarily shifting the focus onto security issues.

Young voters are fed up with squeezed incomes, and many didn't want to leave the EU, Page said. But the election result meant it was unclear whether her plan to take Britain out of the bloc's single market and customs union could still be pursued.

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DUP leader Arlene Foster told a news conference later that her party will begin discussions with the Tories, suggesting that the deal is not yet in the bag.

Theresa May, a weakened and fragile leader