The U.K. is headed for a hung parliament, according to exit-poll data, with no one party securing enough seats to win 326 seats in the 650-member House of Commons. The result is likely to lead to prolonged political and economic instability and could have profound consequences for the future of the U.K. as it prepares to begin talks with the EU over Brexit.
According to the Ipsos MORI exit poll conducted for the BBC and Sky News, the Conservatives will win 314 seats in the 650-seat House of Commons (down from 330), Jeremy Corbyn’s Labour Party will win 266 seats (up from 229), the Scottish National Party will get 43 seats (down from 54), and the Liberal Democrats 14 seats (up from nine). The U.K. Independent Party will win no seats, according to the projection (from one). Official results are due Friday, but exit polls have been mostly reliable in the U.K. (unlike other political polling), and haven’t been wrong for the winner since 1992 by more than 15 seats.
The Conservatives had led in most polls before the elections—though their 21-point lead over Labour narrowed in the run up to the vote. The results could be a repudiation of an industry that’s had a difficult record in recent U.K. elections. For instance, polls had said the previous general elections, in 2015, were too close to call, but the Tories then headed by David Cameron, emerged with a slim majority.