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Rishi Sunak steps down as UK Prime Minister after Conservative Party's election defeat to Labour. He apologizes to the public, takes responsibility for the loss, and acknowledges the need for change. Sunak remains in position until a new leader is chosen.

Rishi Sunak, the outgoing Prime Minister of the United Kingdom, apologized to the public after his Conservative Party suffered a significant defeat to Labour in the general election. Speaking outside 10 Downing Street, Sunak acknowledged the voters' message, taking responsibility for the loss and announcing his decision to step down as party leader.

Sunak, a 44-year-old former financier, had called for the election six months ahead of schedule, hoping positive economic indicators would boost support for the Conservatives. However, the electorate's frustration after 14 years of economic struggles, Brexit-related issues, and internal party conflicts was evident in the election results.

Addressing the nation, Sunak expressed his regret and recognized the need for a change in government. He conveyed his apologies and accepted the public's judgment, emphasizing the importance of their voices. Sunak stated he would remain in his position until a new leader is chosen through an internal party contest.

The scale of the defeat was underscored by the loss of several top ministers' seats, including Defence Secretary Grant Shapps and House of Commons leader Penny Mordaunt. Liz Truss, Sunak's predecessor as Prime Minister, also lost her seat.

Sunak, the first person of color to serve as Britain's Prime Minister and an observant Hindu, wished his successor, Keir Starmer, well, calling him a "decent, public-spirited man." He reflected on his journey, expressing pride in the progress the country has made in embracing diversity and inclusion.