David Cameron visits Jaguar Land RoverDavid Cameron is all set for a second term as Prime Minister with an exit poll predicting a near majority for his Conservative Party in the UK’s closely-fought general election. Predictions of a neck and neck contest between the Conservative Party and Leader of the Opposition Ed Miliband-led Labour looked like being off the mark with the exit poll suggesting the Tories will get 316 MPs to Labour’s 239 once all the results have been counted. The poll also suggests the Liberal Democrats will get 10 MPs, the Scottish National Party, SNP 58, Northern Ireland’s DUP 8, Welsh Plaid Cymru 4, UKIP 2 and the Greens 2.

The exit polls indicate that Cameron has the option to go into a repeat coalition with the Liberal Democrats to strike the magic 326 required for a majority in the House of Commons or even cobble one along with the DUP and a other Independents. Results so far suggest the exit poll is accurate but the majority of the 650 seats have yet to declare.

The first official election result came in from Sunderland just 50 minutes after the close of polling last night and it was a victory for Labour, which held on to its traditional stronghold. Results were pouring in and till this morning Conservative Party had won 117 seats, Labour was victorious on 139, SNP triumphed in 50 seats while Liberal Democrats had just 5 seats to their credit.