UK's Labour leader Corbyn sees possible new election this year or next

The Conservatives now plan to reach a so-called confidence and supply agreement with the DUP, which would involve it supporting a Conservative minority government on key votes in parliament but not forming a formal coalition.

British Foreign Secretary Boris Johnson has denied plotting to topple Prime Minister Theresa May, who has been weakened by the Conservative Party's disastrous election result.

Mrs May has reached a "confidence and supply" agreement with the Democratic Unionist Party (DUP).

The timing is challenging, with Britain due to start negotiating the terms of its exit from the European Union with the bloc's 27 other members on June 19.

He added: "Ted Heath lost and tried to form another government and tried to get another majority in Parliament".

She also reiterated that she would seek a reciprocal agreement early in the talks on rights of European Union and British citizens, Downing Street said.

But her party is deeply divided over what it wants from Brexit and the result means British businesses still have no idea what trading rules they can expect.

Johnson plans to take advantage of May's weakened state to launch a bid to become Prime Minister, the Mail on Sunday reported, citing a close ally of Johnson.

Labour won 262 seats in the General Election, up from the 232 secured by Ed Miliband in 2015, but the Conservatives remain the largest party in Parliament with 318 seats. With the 10 DUP MP seats, the Conservatives will now have just enough votes to put them over the threshold.

Britain's Prime Minister and leader of the Conservative Party Theresa May returns to 10 Downing Street in central London after making a statement following the results of a snap general election. "She's then got to present a programme to parliament", he said.

May called the early election when her party was comfortably ahead in the polls, in the hope of increasing her majority and strengthening Britain's hand in exit talks with the EU.

"The Conservatives have not yet broken the British system of democracy, but through their hubris and incompetence they have managed to make a mockery of it", it said in an editorial.

However, former Conservative party leaders warned against any immediate change, with Iain Duncan Smith saying leadership contest would be a "catastrophe".

The Prime Minister has been accused of putting peace in Northern Ireland at risk with the proposed DUP deal.

Britain's best-selling Sun newspaper said senior members of her party had vowed to get rid of May, but would wait at least six months because they were anxious that a leadership contest now could propel Labour leader Jeremy Corbyn into power.

Ms Foster told Sky News her party had "very good" discussions with Chief Whip Gavin Williamson, who was sent by the PM to Belfast to negotiate a deal to keep the Conservatives in power.

"But what I will say is we will of course act in the national interest and do what is right for the national interest and do what is right for the United Kingdom as a whole and of course Northern Ireland in particular".

  • Zachary Reyes