British PM poised to win vote but lose majority as Brexit looms

By our correspondents
June 09, 2017

LONDON: Prime Minister  Theresa May is poised to win  Britain’s snap election but  lose her parliamentary majority,  a shock exit poll suggested  on Thursday, in what  would be a major blow for her  leadership as Brexit talks  loom.  The poll showed May’s  Conservatives on course to  fall from 330 to 314 seats,  short of an overall majority in  the 650-seat House of Commons,  after a troubled campaign  overshadowed by two  deadly terror attacks.  The main opposition  Labour party, led by leftist Jeremy  Corbyn, meanwhile is  projected to increase its number  of seats from 229 to 266,  according to the joint exit poll  by Sky, the BBC and ITV  news. The pound immediately  tumbled after the poll. The  election came at a pivotal  time in British history as it negotiates  a complicated exit  from the European Union, the  first country to leave the sixdecade-  old bloc.  The pro-European Liberal  Democrats, who have campaigned  for a second referendum  that could keep Britain  in the EU, were forecast to increase  their seats from nine to  14.  In Scotland, where First  Minister Nicola Sturgeon has  called for independence to  avoid a “hard Brexit”, her  Scottish National Party was  tipped to lose seats but still  dominate. All parties urged  caution at the shock poll, with  the final results not likely  until early on Friday morning.  The forecast Conservative  victory is far smaller than suggested  by opinion polls when  she called the snap election at  a time when her popularity  was running high.  Analysts had blamed the  decline on May´s botched announcement  of a reform in  funding for elderly care, a  strong grassroots campaign  by Corbyn and the terror attacks,  which have led to  scrutiny of her time as interior  minister before becoming  prime minister. “It seems  clear her gamble has not paid  off,” said Paula Surridge, politics  lecturer at Bristol University.  M  ay has said victory in the  election will strengthen her  hand in Brexit negotiations, expected  to start on June 19, and  officials in Brussels are hopeful  it will allow her to make  compromises in the talks.  She has warned, however,  that Britain could withdraw  with no deal in place if the  conditions imposed by the EU  — particularly a divorce bill  of up to 100 billion euros  ($112 billion) — are deemed  too tough. —Agencies