The end of an era – Britain’s Prime Minister Tony Blair has announced he is to quit as leader of the UK’s Labour Party. In a relaxed but emotional atmosphere at his Sedgefield constituency in North-East England, Blair thanked the party faithful along with his family for their loyal support over the last ten years.
“Today I announce my decision to stand down from the leadership of the Labour party. The party will now select a new leader. On the June 27 I will tender my resignation from the office of prime minister to the Queen.”
The announcement ends weeks of speculation over Blair’s retirement plans, he is expected to stay on as an ordinary MP at least until the next general election. Until the end of June, the Labour Party will focus on finding his replacement who it is firmly believed will be his Finance Minister Gordon Brown.