Theresa May is to ask the Queen for permission to form a government in the wake of the disastrous snap election which has robbed Conservatives of their overall majority in the House of Commons.
A Downing Street spokesman said that the Prime Minister will visit Buckingham Palace at 12.30pm on Friday to speak to the sovereign.
May is said to have struck a deal with the Democratic Unionist Party (DUP) of Northern Ireland, led by Arlene Foster, that will allow her to form a government.
The move came after it was made clear that Mrs May has no intention of standing down as Conservative leader, despite calls from among her own MPs for her to consider her position.
There has been no decision as yet on whether there will be a formal coalition between the Conservatives and the DUP or if they will operate on a “confidence and supply” arrangement – whereby the Unionists would support a minority government on vital matters in return for some of their policies being enacted.
Labour leader Jeremy Corbyn has urged her to resign and allow him to form a minority administration, declaring: “We are ready to serve this country.”