David Cameron's Conservatives have emerged as the largest party after an election that has resulted in a hung parliament.
His offer to Nick Clegg and the Liberal Democrats to form a coalition government is being considered. Gordon Brown remains prime minister in the meantime.
Columnists Jonathan Freedland, Julian Glover, Martin Kettle, Polly Toynbee and Michael White weigh up the options each leader has and look ahead to an uncertain future for the new parliament.
Meanwhile, the markets have begun reacting to the news that no party has overall control. Economics editor Larry Elliott argues that a deal must be in place quickly to avoid spooking the City.
And, on the banks of the Thames, Jon Dennis has been finding out what voters think of the situation they have brought about.
Leave your comments below.