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UK Election Results 2024: British Prime Minister Rishi Sunak on Friday (July 5) conceded defeat in the general election, paving the way for the Labour Party to form the new government. "The Labour party has won this general election,” Sunak told a gathering in Northallerton and said he took responsibility for the Conservatives' defeat. Sunak added that he has called Labour leader Keir Starmer to congratulate him on his victory.

UK Election Results 2024

“Today, power will change hands in a peaceful and orderly manner, with goodwill on all sides. That is something that should give us all confidence in our country’s stability and future,” the outgoing prime minister further said.

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Labour Party leader Keir Starmer is poised to become the next prime minister.

With the UK now being led by the Labour, here's a look at the latest updates on the election results:

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> Former prime minister Liz Truss, whose premiership lasted just 49 days, has lost her lawmaker’s seat in the election. Truss lost her Norfolk South West seat to Labour by just several hundred votes.

> Leaders of several countries congratulated Starmer on his election victory. 

> The Labour Party has officially won enough seats in the general election to have a majority in Parliament. According to the news agency Associated Press, the latest results show that Labour won 326 of the 650 seats in Parliament, securing a majority.

Also read | Who is Keir Starmer, the man poised to be the British prime minister?

> Keir Starmer, who is set to become the first Labour prime minister in 14 years, says his government will always put “country first, party second.”

> Starmer said on Friday that such a mandate came with great responsibility, adding, his government would be focused on national renewal.

> "We have to return politics to public service," he added. Starmer is expected to pay a visit to King Charles III later Friday to get the monarch’s permission to form a new government.

> With more than half of the 650 seats declared so far, Labour is emerging way ahead of other parties with at least 250 seats. The Conservatives have 44 seats, while the left-of-centre Liberal Democrats have won 32 seats.

> The hard-right, anti-immigration Reform UK has won 4 seats so far. The Scottish National Party has four seats, while the Green Party has 1 seat.

> Some notable victories in this election include Reform's Nigel Farage and former Labour leader Jeremy Corbyn. Farage won a seat in Clacton-on-Sea after seven failed election attempts.

> Corbyn, meanwhile, held onto his seat in north London — but this time as an independent. 

(With inputs from agencies)