Reports surfaced Saturday that May was nearing a final deal to form a government with the help Democratic Unionist Party, a socially conservative, primarily Protestant bloc based in Northern Ireland.
Her Conservatives struck an outline deal with Northern Ireland's Democratic Unionist Party (DUP) for support on key legislation, a humiliating outcome for them after an election meant to make them a dominant force.
Graham Brady, the chairman of the Tory backbench 1922 Committee and one of the party's key power brokers, insisted that there was no appetite among MPs for an immediate leadership challenge which could see them plunged into another general election.
The spokesman indicated this would not be a formal coalition but a minority government with looser DUP support on a "confidence and supply basis".
The Labour leader said he is "ready any time" for another vote after Thursday's shock result and claimed he will lay down his own programme of policies after failing to give up on becoming Prime Minister.
Labour stunned even its own supporters by taking enough seats from the Conservatives to deny them a majority, in a performance widely seen as a moral victory for Corbyn despite the party's loss.
May put on a courageous face after Thursday's vote, expressing sorrow for the MPs who lost their seats but refusing to acknowledge how her election gamble backfired.
The issue is particularly relevant at the moment, as talks to save the crisis-hit powersharing institutions at Stormont are due to resume on Monday.
Asked whether he expected to negotiate with Theresa May, he said it was purely a domestic matter, adding: "We want to start, the time is running, and instability, losing time, is not in your or our interest".
May, who had campaigned against Brexit last year, delivered her terms for withdrawal in March, binding London into a tight, two-year countdown to departure.
India, Pakistan become full members of Shanghai Cooperation Organisation
The premier said the objectives of the SCO resonated with Pakistan's core values for shared prosperity. The fight against terrorism is an important part of the Shanghai Cooperation Organisation (SCO).
Before the 1998 peace deal, Northern Ireland was plagued by violence over Britain's control of the province.
She called the snap election to win a clear mandate for her plan to take Britain out of the EU's single market and customs union in order to cut immigration.
The British pound tumbled on Friday against the US dollar and the euro before stabilising, down 1.7 and 1.4 percent against the two currencies respectively.
Former housing minister Gavin Barwell, who lost his Croydon Central seat, has been appointed as chief of staff in Downing Street.
Foreign Secretary Boris Johnson rejected Mail on Sunday newspaper speculation that he planned to oust May, tweeting that this was "tripe" and that May should be left to "get on with the job". Her motivation was to strengthen her government's hands on the eve of the talks with the European Union so as to ensure a smooth transition to a Britain-free EU but as things stand, it appears that the effect of the vote may be the opposite.
SNP leader and First Minister Nicola Sturgeon said it had been a disappointing night for her party, which lost seats to the Conservatives, Labour and the Liberal Democrats.
Former Treasury chief George Osborne pulled no punches in his assessment of May's chances of survival as the conservative leader, though this may have been payback for his unceremonious dismissal from her cabinet previous year.
He said the party's gains north of the border were a good moment to end his political career.
The DUP wants no extension to Northern Ireland's limitations on terminations, which restrict the procedure to when a woman's life is at risk or there is a permanent or serious risk to her mental or physical health. "I and other senior colleagues have made that clear to her", said Fallon.
But there was also widespread concern at Mrs May's inflexible "no deal is better than a bad deal" attitude, with few wanting the hard Brexit that she refused to rule out.
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