And that's a wrap for our live coverage of the UK election result, which is still unfolding as we press send.

Here's what you need to know

It's a hung parliament. The exit poll tipped Theresa May's conservatives would end up with 314 seats Labour 266, the Scottish Nationals 34 and Liberal Democrats 14. The latest figures put the tally at: Conservatives 312, Labour 260, SNP 35 and Lib Dems 12.

The uncertainty sent the British pound to its lowest level against the US dollar since the election was called on April 18.

Someone will form government but it won't be today and the future of Theresa May, who is expected to make a statement later today, is in doubt, writes London correspondent James Chessell.

Brexit talks due to start in 10 days are now immeasurably harder, and may have to be delayed, writes the Financial Review's Geoff Winestock.