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UK PM Sunak Concedes Election, Acknowledges Labour Victory



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LONDON (Reuters) - British Prime Minister Rishi Sunak admitted defeat in the national election on Friday, acknowledging the opposition Labour Party's win. "The Labour Party has emerged victorious in this general election, and I have called Sir Keir Starmer to congratulate him on his triumph," Sunak stated after securing his parliamentary seat in northern England.
"Today marks a peaceful and orderly transfer of power, demonstrating goodwill from all parties. This should instill confidence in the stability and future of our country.