Theresa May will head to Buckingham Palace at 12.30pm today to seek permission to form a parliament, but there are doubts about whether it will be "strong and stable" as per her mantra on the campaign trail.
Crucially, the DUP - which emerged as Northern Ireland's largest party - has decided that Corbyn's record of working with Sinn Fein makes it impossible for them to work with Labour.
The Labour leader has said he is "ready to serve" and the party is willing to form alliances with other smaller parties.
May said Friday she would be meeting with Queen Elizabeth II to form a government. It is not yet clear whether the deal constitutes a formal coalition or a "confidence and supply" arrangement.
SNP leader Nicola Sturgeon, who has headed the party since 2014, said that the poor results meant that she would need to "reflect" on the appetite for a new referendum.
'Perhaps the most obvious conclusion is that the likelihood of the United Kingdom needing to request a delay in the Brexit process has risen substantially, given the chance that political developments in the United Kingdom disturb what is already a time-compressed process, ' said Malcolm Barr, economist at JPMorgan, in a research note.
"This is flawless territory for the DUP because obviously if the Conservatives are just short of an overall majority it puts us in a very strong negotiating position and certainly that is one we would take up with relish", he told the BBC.
The Conservatives are on 315 seats with four left to declare, 11 short of a majority.
The prime minister is expected to see the Queen just after midday to confirm that a deal is in place.
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Before her arrest, the Texas-raised linguist and Air Force veteran was also known as a yoga instructor and animal lover. During that time, he said, victor provided real-time translation to Americans conducting field missions.
New elections will be called.
"As more results started to come through, it became clear that we were the party that had won most seats and most votes and felt it was incumbent on us at a critical time in our the country to form a government in the national interest", she said.
Support for the DUP has grown, with the party increasing their number of seats from 8 to ten.
This followed a disastrous election campaign that led to a hung parliament with the Prime Minister facing calls to resign.
Nigel Farage, a member of the European Parliament and the UK's best-known Brexit supporter said May's credibility is now "fatally damaged in the eyes of the European Union" and that he expects "a significant backslide" on Brexit itself.
"The Prime Minister has spoken to me this morning and we will enter discussions with the Conservatives to explore how it may be possible to bring stability to our nation at this time of great challenge".
After being elected unopposed previous year, Foster told the Guardian: "I would not want abortion to be as freely available here as it is in England and don't support the extension of the 1967 act".
The prospect of a minority government will also prompt widespread questions about the feasibility of the Conservative Party's green plans and proposed energy reforms.
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