London, The outgoing UK Prime Minister Rishi Sunak has announced his resignation from the leadership of the Conservative Party following the historic defeat of his party in the general elections.

The semi-final results of elections were announced on Friday. The elections resulted in a sweeping victory for the opposition Labour Party.

Addressing the audience at the UK government headquarters in London, Sunak added that he will leave his position as leader of the conservatives after making the necessary arrangements to elect his successor.

He added that his mission as prime minister focused on restoring economic stability, reducing inflation, and promoting economic growth, affirming that the country is now stronger, more prosperous, fairer, and more resilient than it was in 2010.

Source: Qatar News Agency