Conservatives win in a hung parliament, just a few seats short of the 326 seats needed to secure a majority in the Parliament. With the Liberal Democrats refusing to build a coalition, the Conservatives are left with two options– they may decide to build a smaller coalition with the Democratic Unionist Party based out of Northern Ireland likely pushing them over the majority threshold with 10 seats, or less likely, running a minority government since they still hold the most seats. However, if conservatives decide to run a minority government, it is likely another snap-election would be called in the near future– a government is difficult to run if you do not hold an absolute majority of influence.
Sources and Further Reading:
https://www.pressassociation.com (Google UK election Polls)