May said she was confident that the Tories would be able to work together with the DUP in the "interests of the whole UK".
That means the DUP will back the government on key votes, but it's not a coalition government or a broader pact. The party is against any move from London to involve the Republic of Ireland in Northern Ireland's affairs.
"There is no doubt that the Conservative Party failed to match the initial expectations of a convincing landslide", Matthew Goodwin, professor of politics and global relations at the University of Kent, England, told ABC News via email one day before the election.
LGBT Conservative groups have registered their opposition, while the increasingly-powerful Scottish Conservative leader Ruth Davidson requested specific reassurances from Theresa May that LGBT rights would be defended as part of any arrangement with the DUP.
"We are ready to do everything we can to put our programme into operation; there isn't a parliamentary majority for anybody at the present time, the party that has lost in this election is the Conservative Party, the arguments the Conservative Party put forward in this election have lost".
The British currency lost as much as 3 cents against the dollar late Thursday and early Friday, to fall as low as $1.2636 in Asian trading hours after the final results started trickling in.
"The UK will have a weak government with no clear mandate heading into Brexit talks, the exact opposite of what Theresa May intended when a 20-25 per cent polling lead tempted her to call the snap election".
London attack: Police find body in Thames, death toll raised to eight
Last night 15 people remained in a critical condition and Australian nurse Kirsty Boden was named as the third fatality. Redouane claimed to be Moroccan and Libyan and also used the name Rachid Elkhdar, police said.
Those who know her say her tough, determined character was forged by the experiences of her childhood when, at the age of eight, her father, a part-time policeman, was shot and injured by the IRA on the family farm.
This would translate to a loss of 17 seats for the Conservatives while the Labour Party gains 34 seats. But Britain's Saturday newspapers agreed she is just clinging on. "May fights to remain PM", said the front page of the Daily Telegraph, while the Times of London said: "May stares into the abyss".
"The British political system is in total disarray".
The Telegraph newspaper said senior Conservatives including Foreign Secretary Boris Johnson, interior minister Amber Rudd and Brexit minister David Davis were taking soundings over whether to replace May.
European Union leaders expressed fears that May's shock loss of her majority would delay the Brexit talks, due to begin on June 19, and so raise the risk of negotiations failing.
"She might still be Prime Minister, but May has to pass a Queen's speech in a week's time - this will be hugely hard, as there are many aspects of the Conservative manifesto that not every MP supported".
But her campaign unraveled after a policy u-turn on care for the elderly, while Corbyn's old-school socialist platform and more impassioned campaigning style won wider support than anyone had foreseen.