Rishi Sunak concedes defeat, resigns as UK Prime Minister

The Prime Minister of the United Kingdom, Rishi Sunak, did not wait for the Labour Party’s victory to be officially confirmed before conceding defeat on Friday morning.

In a televised broadcast from Downing Street, Mr Sunak said he has taken full responsibility for the loss and is promising an orderly transfer of power.

“The British people have delivered a sobering verdict tonight, there is much to learn… and I take responsibility for the loss,” the BBC quoted Mr Sunak as saying.

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