FIRST AIRED: June 13, 2017

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>> Britain's Parliamentary election has ended in political stalemate and a hung Parliament. With UK Prime Minister, Theresa May's failing to get an overall majority. I'm Reuters' Jacob Greaves reporting from Westminster where Theresa May has won her seat, but lost her gamble of calling this snap election. She made that gamble back in April.
>> I have just chaired a meeting of the cabinet.>> Then she hoped to increase the numbers of seats she held in Parliament, increase the majority and strengthen her hand going into, all important, Brexit negotiations. Now that gamble seems ill-judged.>> The Conservative Party candidate has been duly elected.
>> The Conservatives are still set to be the largest party in Parliament, but falling short of that magic number. The 326 seats that are needed to form an overall majority, to be able to pass legislation without needing other parties on board as well.>>
>> The main benefactor of their losses seems to be the main opposition, the Labour Party, made inroads in Scotland and around the UK.
Perhaps being buoyed by a higher voter turnout, highest since 1997. It seems likely to be.>> Politics has changed.>> And Jeremy Corbin, Labour Leader, when winning his seat spoke of the need for Theresa May, the Prime Minister, to step down as a result of this election. Some in the Labour Party have also spoken of the possibility of forming a minority government.
It's also likely to be those in the Conservative Party itself questioning the future of their leader and the Prime Minister, Theresa May. And of course, this all has major ramifications of Brexit negotiations that are just around the corner with the EU. They are set to begin in just ten days time.