George Osborne, the former finance minister who stepped down at the election, told ITV that the results were “catastrophic” for his party. Anna Soubry, a Conservative MP, said May would have to consider her position.
The result appeared certain to plunge the UK into another period of political uncertainty, with formal Brexit talks due to start in 10 day’s time. The pound fell on currency markets in the wake of the results.
May had promised to deliver a “hard Brexit” if Britain did not like the terms of the divorce negotiated with the EU. She vowed to take the country out of the EU’s single market and customs union, radically changing Britain’s relationship with one of its biggest trading partners.
After the result was declared in her constituency of Maidenhead, May gave a faltering speech. “At this time more than anything else, this country needs a period of stability,” she said, suggesting she …