The UK's opposition Conservatives appear to be on course to be the largest party in a hung parliament as incumbent Prime Minister Gordon Brown prepares to start talks with the Liberal Democrat party in a bid to maintain control.
With more than 80 per cent of the 650 seats accounted for, the Conservatives has so far won 271 seats compared to Labour's 219 seats.
The Liberal Democrat have so far won 47 seats.
A party needs 326 seats to win.
Conservatives leader David Cameron, who has comfortably won his seat of Witney, said the Labour government "has lost its mandate to govern".
Mr Brown holds his seat of Kirkcaldy and Cowdenbeath with a clear majority.
In response to Mr Cameron's comment, Labour politicians said the country's constitution gave Mr Brown the right to try to form government first, however that looks unlikely with the Liberal Democrats secured seats not enough to give the side majority.
Mr Cameron has reportedly tried to spin the close election to his party's favour, saying that Britain was crying out for new leadership.
"What is clear from these results is that the country, our country, wants change. That change is going to require new leadership," Mr Cameron was reported as saying by AFP.
The election will become the first inconclusive election since 1974 and there are fears the uncertainty will cause further uncertainty to already troubled financial markets.
The election could also be subject to legal challenges with some people unable to cast their vote before polling stations closed their doors.
