This Is the Britain You’re Waking Up to

– Theresa May called this election to get a bigger majority to strengthen her hand in Brexit negotiations. She has emerged from it with 12 fewer MPs, no overall majority and is now almost certainly reliant on the Democratic Unionist Party in Northern Ireland to govern. It has been a disastrous night for her.

– Labour have secured around 261 seats, a gain of about 30. They also secured one of their best ever vote shares, likely to be higher than 40 percent. Jeremy Corbyn, described by many within his own party as “unelectable”, seemed buoyed and called on Theresa May to resign.

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– Shadow Chancellor John McDonnell has said Labour is ready to form a minority government, adding that there would be “no deals” and that the party would put forward a Queen’s Speech and call on minor parties to back it.

– The SNP have failed to hang on to many of its MPs, losing 21 seats to Labour, the Tories and the Lib Dems. They have lost their leader in Westminster, Angus Robertson. Many are saying the success of Tories in Scotland – they won 13 seats, unprecedented in recent memory – is all that has stopped Jeremy Corbyn becoming Prime Minister.

– The result remains confusing; it’s not clear exactly what will now happen – there’s little precedent for an election this complex and this close.

– Theresa May will remain as Prime Minister, for now, but her minority government will make it very difficult for her to govern. Parliament has never been more important. Pro-EU Tory MPs like Ken Clarke are likely to start making demands on the government for a much softer Brexit; anti-EU MPs like Andrea Leadsom are likely to push for a much harder Brexit. Theresa May will find it extremely difficult to keep her party together.

– EU negotiations, due to begin this month, are now in disarray. It will be extremely difficult for Theresa May to get the sort of Brexit she wants. The 27 remaining countries of the EU are in a much stronger position and are likely to call all the shots in negotiations.

– There isn’t yet a clear picture about turnout, but it’s very likely that youth turnout was high and that helped Corbyn’s fortunes.

– UKIP have failed to win a seat and their share of the vote has collapsed.

UPDATE: Due to a typo, an earlier version of this article stated that the SNP lost 212 seats. Obviously that was wrong; they lost 21.