Labour Party's victory: Sunak resigns after electoral defeat

British Prime Minister Rishi Sunak offered his resignation as leader of the Conservative Party following a resounding defeat in the UK's legislative elections. 

The Labour Party, under the leadership of Keir Starmer, emerged victorious, marking a significant shift in British politics after 14 years of Conservative rule.

Keir Starmer, addressing the UK on Friday, pledged to usher in a new era of "change" and "national renewal" as he prepares to assume the presidency of the government. 

The Labour Party's triumph signals a decisive rejection of the Conservative policies that have shaped the country amidst turbulent times, including Brexit, COVID-19 pandemic management, inflation challenges, and a succession of prime ministerial changes.

Prime Minister Rishi Sunak, acknowledging his party's defeat, publicly announced his resignation and expressed his intention to step down as Conservative leader. 

He took responsibility for the electoral setback and extended congratulations to Keir Starmer on his victory.

The resignation comes as the final results from all 650 constituencies are still being tallied, indicating the scale of Labour's win. 

King Charles III is set to appoint Keir Starmer, a 61-year-old former human rights lawyer, to form the new government, underscoring the constitutional process following the electoral outcome.