00:00I know the question being asked now is not who was best placed to change the
00:07Labour Party, to take us into power and to begin the vital work of improving
00:12lives for millions of people. Those questions have been answered. The
00:19question my party is asking now is whether I am best placed to lead us into
00:26the next general election. I have heard the answer of my parliamentary party to
00:34that question and I accept that answer with good grace. Every decision I've
00:42taken has been about putting the country I love first. That is why I will resign
00:50as leader of the Labour Party. I have spoken to His Majesty the King this
00:55morning to inform him of my decision.
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