Rishi Sunak has conceded defeat, and Keir Starmer is set to become the next Prime Minister. Keir Starmer's Labour Party achieved a massive victory in the UK general elections, indicating a major shift in British politics as Rishi Sunak's Conservative Party suffered a major loss.
Despite Prime Minister Rishi Sunak's efforts to sway voters at the last minute, his Conservative Party was unsuccessful in the UK general elections. Before the voting, the Conservatives warned that choosing Labour would result in higher taxes.
Under Keir Starmer's leadership, the Labour Party has surpassed the majority mark of 326 in the 650-member House of Commons. Rishi Sunak's party only secured 60 seats.
Conceding defeat, Rishi Sunak stated, "Today, power will change hands peacefully and orderly, with goodwill on all sides. That is something that should give us all confidence in our country's stability and future." Addressing his supporters in Richmond and Northern Allerton, he added, "I am sorry. I take responsibility for the loss."
Keir Starmer is expected to be sworn in as the Prime Minister later today. "Tonight people here and around the country have spoken, and they're ready for change," he said. "The change begins right here."
The official election exit poll had predicted that Labour would win 410 seats, the highest since Tony Blair's 1997 landslide victory, with a projected majority of 170. Only one exit poll has been incorrect in the last six UK elections.
In May, Rishi Sunak surprised many in his own party by calling the election earlier than necessary. In opinion polls, the Conservatives trailed Labour by about 20 points.
Keir Starmer, the son of a toolmaker and a nurse, has promised "a decade of national renewal" after post-financial crash austerity measures, Brexit upheaval, and a cost-of-living crisis.
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