U.K. Prime Minister Boris Johnson is set to win big and remain in power, with early results indicating his Conservative Party winning a clear majority of parliamentary seats in a general election on Thursday.

As of 4:50 a.m. GMT, Johnson's Conservative Party had won more than 300 seats, while Jeremy Corbyn's Labour Party had garnered about 190 seats, according to the BBC's tally. At least 326 seats are needed for a majority.

After winning his seat in Uxbridge, Johnson said: "At this stage it does look as though this one-nation Conservative government has been given a powerful new mandate, to get Brexit done and not just to get Brexit done but to unite this country and to take it forward."

Liberal Democratic leader Jo Swinson lost her seat to the Scottish National Party. She had campaigned to overturn the 2016 Brexit vote.

Exit poll by Ipsos Mori — commissioned by Sky News, the BBC and ITV — was released soon after voting stations around the U.K. closed at 10 p.m. London time. It's a survey of thousands of voters which has been reliably accurate in recent years.

The poll projected that the Conservatives would win 368 seats in Parliament, a gain of 50 seats from the 2017 election. The U.K. pound quickly jumped more than 2% on the news.

A party usually needs more than 320 seats to have a majority in the House of Commons in order to pass bills. The opposition Labour party was predicted to lose 71 seats with a figure of 191. The centrist Liberal Democrats were predicted to get 13 seats, the Brexit Party none and the Scottish National Party 55 seats.

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