The U.K. election exit poll is out. And if it holds true, it’s not good news for Prime Minister Theresa May.

After all, the exit poll suggests May’s Conservatives will lose 16 seats from their 2015 result and end up with 314 Members of Parliament. That would mean a lost majority and the prospect of a minority government. It would be a stunning loss for Theresa May and a major win for Jeremy Corbyn.