What is a hung parliament and what does the result mean for Brexit?

The Conservatives will be the largest party but have not won the seats needed for an overall majority, which means we now have a hung parliament.

What does that mean, what happens next and what are the time pressures to sort it all out?

What is a hung parliament?

A hung parliament happens when no party has the 326 seats needed for the majority that allows them to govern outright in the 650-seat House of Commons.

Traditionally, the party that claims the most seats will enter into talks to form a coalition or rule as a minority government with help from other parties.

But if they cannot get that support it potentially opens it up to rival parties to get together to try to govern or demand another election.

What does the result mean for Brexit?

With just 10 days to go until official negotiations begin and no parliamentary majority, what happens next?

Labour adviser and journalist Tom Baldwin and Rupert Harrison, former Chief of staff to George Osborne, joined us this morning to discuss - watch the video above.

Tom Baldwin told Piers and Susanna that there is 'mood now for a softer Brexit'.

What are the time pressures to sort this out?

An incumbent Government has until the meeting of the new Parliament to see if it can put together a deal to stay in power and prove it still commands the confidence of the Commons heading into Brexit talks.

The EU's chief Brexit negotiator Michel Barnier has set June 19 as his favoured date for the start of talks which are expected to last around 14-18 months.

However Brussels officials have indicated talks could be pushed back in the event of a change of government but the delays could compromise Britain's attempts to do a deal within the two-year time frame.

Britain is due to finalise a withdrawal deal by March 29 2019, exactly two years after the Article 50 Brexit process was triggered.