London: UK Prime Minister Keir Starmer has announced his resignation as leader of the Labour Party. Starmer shared his decision while addressing the nation from the steps of 10 Downing Street, the Prime Minister's official residence in London. He also outlined the timeline for electing a new leader, stating that the country would have a new Prime Minister by September. The 63-year-old Starmer clarified that he would continue to discharge his duties as caretaker Prime Minister until the ruling Labour Party elects a new leader.

**Accepts Party MPs' Decision; Starmer Becomes Emotional**
Visibly emotional during his address, Keir Starmer said, "My party was asking today whether I am the most suitable person to lead us into the next general election. I have heard the response from my parliamentary party, and I accept this decision with the utmost humility and respect. Every decision I have made in my life has prioritized our beloved country; therefore, I am resigning as leader of the Labour Party." Starmer mentioned that he had also spoken to King Charles by phone earlier that morning to inform him of his decision.

**Process to Elect New Prime Minister Begins July 9**
Starmer has instructed the Labour Party's National Executive Committee to initiate the process of electing a new leader. According to the schedule, nominations for the new leader will open on July 9, and the process will be concluded by July 17, when Parliament breaks for the summer recess. He expressed confidence that even if there is a leadership contest within the party, the new Prime Minister would take charge before Parliament reconvenes in September. He pledged his full and unconditional support to the new leader, noting that the Britain of today is economically and socially much stronger and more secure than it was two years ago.