London: UK Prime Minister Rishi Sunak, candidate for the Conservative Party in the country's snap polls on Friday conceded defeat and declared that the "Labour Party has won" the general election, reported a news agency.
"The Labour Party has won this general election," Sunak said, adding that he called up Keir Starmer to congratulate him on his victory.
"The British people have delivered a sobering verdict tonight," Sunak said from his constituency of Richmond and Northallerton in northern England which he won.
The outgoing British Prime Minister took 47.5 per cent of the vote in his constituency.
Conceding the Labour Party's win, Sunak apologised and said that he feels responsible for the loss.
"I take responsibility for the loss to the many good, hard-working, conservative candidates who lost tonight despite their tireless efforts, their local records of delivery and their dedication to their communities, I am sorry," Sunak said.
"Today power will change hands in an orderly and peaceful manner, with goodwill on all sides" he said.
In late May this year, Sunak has called for a snap vote, which came as a surprise for many in his party.
"I will now head down to London, where I will say more about tonight's result before I leave the job of Prime Minister, to which I have given my all..." he said. (with Agency inputs)
