Theresa May is set to visit Buckingham Palace at 12:30pm to seek permission from the Queen to form a UK government, despite losing her Commons majority in the General Election 2017.
The Prime Minister is attempting to hold on to power by seeking permission to form a minority government, according to the BBC, while experts suggest an alliance with the Democratic Unionist Party will support her minority administration.
"Our understanding is that the DUP is at this moment talking to Theresa May about forming a government," said John Rowland, executive director and political advisory specialist at consultancy firm Cicero Group.
"In terms of Brexit, this is potentially very significant. The ease of movement of goods and services from the Republic of Ireland into the North is going to be of the utmost importance to the DUP, which would necessitate remaining part of the customs union.
"May ruled out customs union membership before the election - this now puts her Brexit mandate in jeopardy."
With one seat left to declare, the Tories are eight seats short of the 326 figure needed to command a majority.
Labour leader Jeremy Corbyn has urged May to step down, saying Labour is "ready to serve".
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