The Conservative Party's biggest rival, the Social Democratic Labor, landed in the 191-seat poll. This is a clear reduction from the last election with 71 seats.

When Jeremy Corbyn gave speeches in his Islington home selection circuit early on Friday morning, he rebuffed speculation that he intended to resign immediately on Friday. But the Labor leader said at the same time that he will eventually leave his post.

"I will not lead the party in any future elections," Corbyn said in the speech.

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Anna-Maja Persson: "The question is what will happen to Corbyn" Photo: SVT

However, he does not give an exact date for when to leave as party leader.

- I will discuss it with my party and ensure that it becomes a process where we can reflect on the result and find a policy that can take the party forward.

He also said it was "a very disappointing night" for the party.

"What he did is devastating"

Jeremy Corbyn has been heavily employed by politicians within his own party, who in many cases demanded the departure of the party leader. However, he himself blames the election loss on Brexit.

"Brexit has polarized the normal political debate and it has affected Labor's results," he said.

Corbyn's speech does not impress all party supporters. Ruth Smeeth, who disappointed in the BBC's radio broadcast that she lost her constituency Stoke-on-Trent North, is angry with her party leader, reports TT.

- What he's done is devastating. It is not just about the party, but the whole country. People suffer and have it extremely hard under the conservative regime. And yet we lose. It is his choices and his politics and his uncertain message that lie behind it. He should leave. He would have left many, many months ago, she says, writes TT.