After noon, May was driven from her official Downing Street residence to Buckingham Palace to ask Queen Elizabeth for permission to form a government - a formality under the British system.
The election was also a major success for female politicians.
"May won't be able to make any compromises because she lacks a broad parliamentary majority", he said.
But the prime minister insisted that she could carry on.
Of the agreement she said: "This will allow us to come together as a country and channel our energies towards a successful Brexit deal that works for everyone in this country, securing a new partnership with the European Union which guarantees our long-term prosperity". Since any deal is not expected to involve a formal coalition, such talks may not hold up the formation of government. How stable can such a government be is anyone's guess. "Timetable and European Union positions are clear".
May has been pressing for a so-called "hard" Brexit, which would include leaving the EU's massive collective market and no longer allowing European Union citizens to live and work freely in the United Kingdom. But in the past his party leader, Jeremy Corbyn, has been seen as only a lukewarm opponent of Brexit and it's not clear that he will lead an effort to achieve a softer Brexit in part because many Labour voters support leaving the EU.More news: US Consumer Price Slumber Clouds Rate Picture
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Election 2017: the most SHOCKING result in recent history?
May has said she favors a "hard" Brexit.
Or, either the Conservatives or Labour could attempt to govern as a minority administration, seeking to win support in the Commons for their programme on a vote-by-vote basis.
"It's an issue very close to my heart and one that I wanted categoric assurances from the prime minister on, and I received (them)", said Davidson, who is engaged to be married to her female partner. "She should consider her position".
Pro-EU Member of Parliament Anna Soubry brought May's continued leadership into question in her acceptance speech. She claims that this government will get the country through the Brexit talks and will lead Britain forward.
Although her party blames her for the catastrophe, senior figures told May that she has a responsibility to stay on as prime minister for the time being. "In particular, I regret the decision not to include in the manifesto a ceiling as well as a floor in our proposal to help meet the increasing cost of social care", he added.
MALCOLM BRABANT: But May's opponents aren't the only ones questioning her role. The result ended his career and shocked Europe.
With only two of the 650 results left to declare, the Conservatives have 317 seats - nine short of an overall majority. U.K. Independence Party said "Theresa May has put Brexit in jeopardy".
What Made Voters Lose Confidence in Conservatives? He also proposed raising taxes for the richest 5pc of the population.