MOSCOW (Sputnik) — On Thursday, UK citizens participated in the snap parliamentary election. According to exit polls, the Conservatives have lost the majority in the 650-seat House of Commons.
"If the poll is anything like accurate, this is completely catastrophic for the Conservatives and for Theresa May," Osborne said, as quoted by The Guardian newspaper.
The snap vote was announced on April 18 by May to overcome divisions in the parliament, in which the Conservatives had 330 seats, and succeed in the negotiations with the European Union on Brexit.
However, early exit poll by Ipsos MORI/GfK for Sky News, BBC and ITV News put the Tories at 314 seats, while their Labour rivals improved their results up to 266.