EXIT POLL: CORBYN’S SHOCK RESULT PUSHES BRITAIN TOWARDS A HUNG PARLIAMENT

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LONDON – Britain is heading for a hung parliament with Prime Minister Theresa May set to surrender a significant number of seats to Labour in the general election, according to a nationwide exit poll for the BBC, ITV and Sky News.

In what would be a remarkable turnaround for Labour leader Jeremy Corbyn, the number of seats separating the Conservatives from Labour is set to be slashed, with the Tories winning 314 seats and Labour capturing 266.

The exit poll – conducted by Ipsos MORI and GfK – was published at 10 p.m. BST (5 p.m. ET), immediately after voting closed across the country.

Counting is now underway at polling stations nationwide, with an overall result expected to become clear in the early hours of Friday morning.

Follow Business Insider’s live General Election blog for the latest developments.

This is a developing story…