So if, and it's still an if, the reality reflects the exit polls - what will David Cameron do?
Professor Maurice Fraser believes we'll see another Conservative - Liberal Democrat coalition, despite what looks like a disastrous night for the Lib Dems.
A long night remains ahead and much could change - but the few seats that have come in so far have done little to dispel the trends suggested by the exit polling.
Olly Barratt - UK correspondent
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