00:00The question being asked now is not who was best placed to change the Labour Party, to take us into
00:07power and to begin the vital work of improving lives for millions of people.
00:13Those questions have been answered.
00:17The question my party is asking now is whether I am best placed to lead us into the next general
00:26election.
00:28I have heard the answer of my parliamentary party to that question, and I accept that answer with good grace.
00:39Every decision I have taken has been about putting the country I love first.
00:46That is why I will resign as leader of the Labour Party.
00:51I have spoken to His Majesty the King this morning to inform him of my decision.
00:57I will ask the National Executive Committee of the Labour Party to set out a timetable with nominations opening on
01:04the 9th of July and completed by the summer recess.
01:09In the case of a contest, this will ensure a new leader is in place before Parliament returns in September.
01:17I will remain in post as Prime Minister until the contest is complete, and I will do everything I can
01:25to ensure an orderly handover of power.
01:29Paul...
01:31I will remain in post as well as new founders.
01:34I will be Сейчас the notebook I do havebell финанс C scripted by pressing handover of power wasière in place
01:35and press the act to update the
