00:00I will shortly be seeing His Majesty the King to offer my resignation as Prime
00:04Minister. To the country I would like to say first and foremost I am sorry. I have
00:12given this job my all but you have sent a clear signal that the government of
00:17the United Kingdom must change and yours is the only judgment that matters. I have
00:24heard your anger, your disappointment and I take responsibility for this loss. To
00:31all the Conservative candidates and campaigners who work tirelessly but
00:35without success I'm sorry that we could not deliver what your efforts deserved.
00:41It pains me to think how many good colleagues who contributed so much to
00:46their communities and our country will now no longer sit in the House of
00:50Commons. I thank them for their hard work and their service. Following this
00:57result I will step down as party leader not immediately but once the formal
01:03arrangements for selecting my successor are in place. It is important that after
01:0814 years in government the Conservative Party rebuilds but also that it takes up
01:13its crucial role in opposition professionally and effectively.
01:18Keir Starmer will shortly become our Prime Minister. In this job his successors will be all our
01:25successors and I wish him and his family well. Whatever our disagreements in this
01:31campaign he is a decent public spirited man who I respect. He and his family
01:37deserve the very best of our understanding as they make the huge
01:41transition to their new lives behind this door and as he grapples with this
01:47most demanding of jobs in an increasingly unstable world.
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