British Prime Minister Keir Starmer announced on Monday (June 22nd) his resignation as British Prime Minister and Labour Party leader after a stormy crisis that has escalated over the past three days.

In his speech to Downing Street headquarters, Starmer said: "I formally announce my resignation as leader of the Labour Party", saying he had heard his party's "answer" to a question about his ability to lead the next election, and that he accepted that answer "willingly and in good faith".

Starmer said he would remain in office until his successor was chosen to ensure an orderly transition of power, noting that he had informed King Charles III of his decision this morning, and asked Labour's National Executive Committee to set a fast timetable for the election of a new leader, with nominations open on July 9, and the process to be completed before the summer recess of Parliament, so that the new leader takes office when parliament returns in September.

Starmer: I took over in a state of political, financial and moral bankruptcy

During his speech, Starmer outlined what he considered his government's achievements over the past two years, noting that he took over the Labour Party six years ago in a state of "political, financial and moral bankruptcy", and was able to rebuild it and restore confidence in the economy, defence and national security.

He spoke of faster economic growth than his peers, higher wages above inflation, extensive investments in infrastructure, an end to the austerity policy, and the fastest decline in the National Health Authority's waiting lists in 17 years.

He pointed to the decline in small boat crossings, the closure of asylum hotels, the protection of young people from the dangers of social media, the lifting of half a million children out of poverty, the restoration of Britain's international standing, the strengthening of ties with Europe, and support for Ukraine.

Starmer concluded his speech by thanking his colleagues and staff, saying his successor would inherit a "stronger and fairer Britain" than it was two years ago, and pledging "full and unconditional support" for the new leadership. He added that after leaving "the country's biggest position," he would devote more time to being "a better husband and a better father."

Burnham. The Frontrunner

Andy Burnham' s strength is based on three main pillars: his previous ministerial experience that earned him weight within the institutions of government, his remarkable success in managing Greater Manchester as a widely popular mayor outside London, and his ability to attract voters as a moderate figure capable of bridging the gap between the party's wings and restoring confidence The working class that had moved away from the workers in earlier stages.

Former health secretary Wes Streeting is also a top aspirant for the party's leadership, announcing his willingness to run for the leadership if the door is officially opened, but most current political assessments give Burnham a clear advantage within the party's parliamentary bloc.