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Prime Minister Rishi Sunak has announced his resignation as leader of the Conservative Party following a decisive victory by the Labour Party in the UK general election.

In a momentous political shift, the Labour Party has won the general election, ending the Conservative Party’s 14-year tenure.

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Addressing the loss, Sunak took full responsibility, stating, “I am sorry.”

Sunak indicated he will remain in his role until the Conservative Party initiates a leadership contest.

Speaking from the steps of 10 Downing Street, he said, “I would like to say, first and foremost, I am sorry. I have given this job my all. But you have sent a clear signal that the government of the United Kingdom must change. And yours is the only judgement that matters. I have heard your anger, your disappointment, and I take responsibility for this loss. I am honoured to have been your prime minister; this is the best country in the world.”

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Labour leader and incoming Prime Minister, Keir Starmer, thanked the electorate, declaring, “You have changed Britain. A weight has been lifted, a burden finally removed from the shoulders of this great nation, and now we can look forward again.”

The election outcome signifies a major transformation in British politics.

The Labour Party’s victory is viewed as a strong mandate for a new direction from voters.

Late Thursday, a credible exit poll projected Labour to win 410 seats — just eight short of its highest-ever total.

Labour secured the 326 seats needed for a parliamentary majority.

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