British prime minister May could lose majority in June 8 election

When May called the election, polls indicated a 12-point lead for the Conservatives but recent polls have shown the opposition Labour Party gaining.

The YouGov poll - conducted on May 30-31 - puts the Conservatives on 42 percent, down one point from a comparable poll on May 27.

United Kingdom Prime Minister Theresa May could be looking at a smaller majority than what has been anticipated when the 2017 general election happens next week.

"While punters on the Exchange are still backing a majority, there is certainly not as much backing for that as there was just a week or so ago".

They rose again on Wednesday though their gains were not enough to offset weakness in mining companies that suffered from a slump in the price of iron ore.

Michael Ashcroft, a former Conservative Party donor who funds polling, uses the same types of modelling as YouGov but came up with a very different estimate of the election: May winning 396 seats and Corbyn winning 180 seats.

A Conservative candidate up for re-election next week has blasted Theresa May for "totally f****** it up" as the poll gap between the Tories and Labour closes.

"The only poll that matters is the one that's going to take place on June 8", she said on a campaign visit to Plymouth in southwest England.

While she started the campaign with a 20-point lead over Labour, the polls have narrowed dramatically, pushing sterling lower.

That would leave the Conservatives with 310 seats, 16 short of the number needed for a majority.

Even if May can cling on to power - say, if she keeps her majority but it is reduced to single figures - her authority will be severely undermined and Brexit negotiators in Brussels will be confident they can weaken Britain's hand in talks.

YouGov founder Stephan Shakespeare said in a statement on the YouGov website: "This is just a snapshot based on data form the past seven days and people can and do change their minds in the closing days of a general election campaign".

However, YouGov stated: "Please note these voting intention figures are from YouGov's conventional polling, not our new election model". The "numbers behind the polls" - such as the relative ratings of the leaders and who's best to manage the economy - all still favor May.

Moreover, Jeremy Corbyn's manifesto promise to scrap tuition fees from this Autumn has attracted a surge support from young people.

  • Zachary Reyes