U.K Elections Update – All three Labour Party leaders resign

Ed Miliband, the leader of Britain’s Labour Party, says he will step down after a worse-than-expected result in the election.

The party lost dozens of seats to the separatist Scottish National Party, which took almost all of the 59 seats in Scotland.

Speaking to party members who cheered in support, Miliband said Friday he wanted to resign straight away so that the party can rebuild itself.

With 641 of 650 seats counted, Labour has 229 seats, finishing well below the 258 seats secured five years ago by former leader and ex-Prime Minister Gordon Brown.

Meanwhile Nick Clegg has resigned as leader of Britain’s Liberal Democrats after a disastrous result for his party in the election.

Clegg said he must take responsibility for the party’s losses, which he described as much more crushing that he expected.

The Liberal Democrats, the Conservatives’ junior coalition partner, lost most of the seats they held in Parliament. Many of their most senior and experienced politicians lost their seats.

Further more Nigel Farage has resigned as leader of the populist U.K. Independence Party after failed to win a seat in the U.K. parliamentary election.

Farage, who had earlier promised to resign if he lost, told activists “I’m a man of my word.”

But he raised the prospect he would consider running again in the future.

Source: AP