UK Election: Rishi Sunak Concedes Defeat, Keir Starmer's Labour Party Registers Landslide Victory
Moneylife Digital Team 05 July 2024
Sir Keir Starmer pledged a phase of 'national renewal' on Friday as Britain's prime minister (PM)-elect after leading the Labour Party to a landslide victory in the historic general election, gaining over 200 seats. Rishi Sunak, the outgoing PM, conceded defeat, with the Conservative Party experiencing its worst election loss in the UK history, ending 14 years of Conservative rule.
Mr Starmer is now set to take charge at 10 Downing Street following his audience with King Charles III at Buckingham Palace which took place after Mr Sunak met the British monarch. 
Elected to Parliament in 2015 for the first time at 52, the Labour Party leader promised to offer the change the country needs.
As the Labour Party surpassed the halfway mark of 650 constituencies early on Friday, securing the minimum 326 seats required for a parliamentary majority, Mr Starmer delivered his victory speech in London: "Change begins now. And it feels good, I have to be honest."
"A mandate like this comes with great responsibility. Our task is nothing less than renewing the ideas that hold this country together—national renewal. Whoever you are, wherever you start in life, if you work hard, if you play by the rules, this country should give you a fair chance to succeed. It should always respect your contribution, and we have to restore that," he says.
1 week ago
Reports say that Labour party won 411 seats. So should we say that in Britain "Ab kee baar charso paar? "
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