The Cornish constituency of St Ives has finally declared. The seat is typically the last to declare as returning officers are forced to wait for ballot boxes to be brought it in from the Scilly Isles. Unfavourable tide times and poor weather have delayed the result for longer than usual. The seat went from the Liberal Democrats to the Conservatives, meaning that David Cameron's party has won 330 seats. With the 650 seats of the United Kingdom declared, we can report: Conservatives: 330 seats Labour: 232 seats Ukip: 1 seat The Liberal Democrats: 8 seats The SNP: 56 seats The Green Party: 1 seat 14. From 950,000 votes to 3. They will meet in the coming days to decide who the party wants to act in the role of Interim Leader until such time as we organiser a democratic vote of the party to decide an new Leader in due course. Prime Minister David Cameron said he would be a proud to lead a majority Conservative government after his party won the general election. The Ftse 100 index of leading shares is up 134. Sterling is up 1. Early favourites to succeed him include Andy Burnham, Yvette Cooper and Chuka Umunna. Having failed to win Thanet South, he said he would fulfil his promise to quit as Ukip leader. Resigning lifted a heavy burden from his shoulders, he said, recommending Suzanne Evans as his replacement. Meanwhile, Ukip launched a campaign for electoral reform, having won more than 3 million votes but only one seat in Parliament. His Conservatives are on the brink of securing an outright majority. Debates about the timing of that vote will be a feature of politics in the weeks ahead. Miliband resigns Ed Miliband, Nick Clegg and Nigel Farage have all resigned in the wake of the Conservatives' crushing election victory. He lost in South Thanet. By his own promise, he should now quit as Ukip leader. But will his party let him, or will the Kippers beg him to stay on? The Conservatives are closing in on a Commons majority, something many people -- Tories included -- believed was impossible. With fewer than 15 seats left to declare, the Conservatives are on 321. Mr Cameron, Mr Miliband and Mr Clegg are all still expected at the Cenotaph to mark VE Day. Nigel Farage has lost Thanet South - the expectation is that he will now step down as Ukip leader. With the Labour party in tatters, Ed Miliband looks likely to step down today. A speech at Labour HQ is imminent. Ashdown says he will eat it in public alongside fellow doubter Alastair Campbell eating his kilt. Ed Balls— CCHQ Press Office CCHQPress Cameron back at No 10 The Prime Minister has arrived back at Downing Street and is now facing the prospect of having won an outright Conservative majority - something very few commentators predicted and very few supporters dared to hope for. David Cameron arrives back at No 10 with his wife Samantha — Neil Lancefield NeilLancefield 07. This is our party now. There are now just as many Conservative and Labour MPs in Scotland as pandas. David Cameron tweeted this photograph, with the caption 'Here's to a brighter future for everyone' 06. John Hemming, who also lost his seat, said Nick Clegg can't carry on as party leader, and claimed he has already resigned. If Nigel Farage fails to make it in South Thanet, the party could be left with just one MP - Douglas Carswell - in the Commons. The Respect MP was thrashed, losing to Labour's Naz Shah by 8,557 votes to 19,977. His party lost many senior figures, including Vince Cable and Ed Davey, former Cabinet ministers, and Simon Hughes in Southwark and Bermondsey. David Laws also lost Yeovil. Stilll, Labour did take some seats from the Tories, such as Wirral West, unseating Esther McVey, a Tory minister, and Enfield North. And there are growing signs that Ed Balls has lost his seat of Morley and Outwood. He looks certain for a Cabinet post in David Cameron's new government. Douglas Carswell won Clacton, but the party failed to gain Thurrock. That leaves party hopes resting on Nigel Farage in Thanet South, where victory looks far from certain. Ed Miliband on a 'disappointing and difficult night' follow results live: — Telegraph Video TelegraphVideo 4. Who is left to succeed him though? Does Clegg hint at resignation? Follow results live — Telegraph Video TelegraphVideo 4. Vince Cable's 12,140 majority has vanished and the Conservatives have taken the seat from the former Business Secretary. The SNP is winning seats with swings of almost 40 percent. The nationalists took Glasgow North East, Labour's safest seat in Scotland on a 39 per cent swing. So far, the only Scottish seat not to go SNP is Orkney and Shetland, which stays Lib Dem. Ed Davey's defeat in Kingston was part of a dreadful Lib Dem night, which also saw Simon Hughes lose in Southwark and Bermondsey, a seat he has held for more than 30 years. He lost Bradford West. We salute his indefatigability. The only question he now faces is whether he gets a full majority. Oh, and how to keep Britain together, of course. They increased their majority from from 853 to 2,026. No - it's a Conservative gain. Result not expected until 6. A Conservative gain here would suggest the party is on course for a great night. Can the Conservatives hold here in face of strong challenge from Labour and loss of votes to Ukip? A win here this time would be an even bigger surprise. The count is ongoing. Rumours of a recount. But a Tory win here would terrify Labour. Big turnout but no result yet. Result an hour away. Think we can predict that now... The SNP is taking Labour seats with swings that are almost literally off the charts: even Kirkcaldy, Gordon Brown's old seat has gone to the Nats. Douglas Alexander, Labour's campaign chief lost Renfrewshire and Paisley South. Jim Murphy, Labour's Scottish leader lost East Renfrewshire. The word historic is over-used, but surely appropriate for the nationalist gains north of the Border. Labour has gained a seat in London from the Tories, Ealing Central and Acton. It's also gained Burnley. Good news for Labour, but not good enough. They took Brecon and Radnorshire from the Lib Dems, and Vale of Clywd from Labour. They've taken Colchester from Bob Russell and there is talk of gaining seats like Eastleigh and even Yeovil, the seat of David Laws. Ukippers are not confident of Nigel Farage winning in Thanet South. They have failed to take Castle Point from the Tories. But the Conservative majority increased from 5,977 to 7,938 SNP are gaining a string of seats on huge swings. A sea-change is underway in Scotland - on an increased turnout from 2010. She's attacked Trident in the first couple of minutes of her acceptance speech. The swing is 34% from Labour to SNP when Portillo lost his seat, the swing was only 17%. This is a crushing defeat. It's not just the fact that Douglas Alexander, Labour's general election co-ordinator lost his seat to a 20-year-old student. It's the fact that another rock-solid Labour seat in the west of Scotland has fallen to the SNP. A seismic change is underway in Scottish politics, one that could well spell the end of the United Kingdom as we know it. Nick Clegg is defending his Sheffield Hallam seat from Labour Clacton — Douglas Carswell is seeking to keep this seat for Ukip, and most Tories expect him to win. A Conservative gain here would delight and surprise Tories. Witney - David Cameron's victory speech here will show us how the Conservatives will approach the overall results: will he claim victory even if he doesn't have a majority, or hint at another deal with the Lib Dems? Ukip leader Nigel Farage has said he will step down if he does not win in Thanet Uxbridge and Ruislip South — Boris Johnson will win, but will he be celebrating a Tory return to government? If the overall numbers are very close, we could be waiting for the result here to tell us who can govern. Will the general election hang on the result here, where the Lib Dems are trying to hang on to a seat they've held since 1997. From earlier tonight 2. Instead, the Tories increased their majority. Ed Miliband may not survive this. On the current showing, Nick Clegg definitely won't survive. Seats that Labour used to hold with huge majorities are swinging to the nationalists. Expect the party to come out strongly for electoral reform soon. This was on the Labour target list, around 34th. To really hurt the Tories, Labour needed to gain it. Instead Marcus Jones of the Tories is UP 4%, and Labour DOWN 2%. Confirmation of a bad night for Labour - especially as the exit polls predicted the Conservatives wouldn't do this well here - and the most important result so far. They could well have enough to try governing as a minority administration, relying on the support of the DUP on an ad hoc basis. Its models have systematically underestimated Tory support. It puts Ukip on course for a very respectable share of the vote: more than 10 per cent and close to 4 million votes in all. But it may not be much help to Nigel Farage in Thanet South in Kent. A coalition with the Lib Dems - or a minority governemnt? FInd out here what actually happens in the key constituencies. We'll update this page as the night goes on...