Breaking: U.K. Prime Minister Gordon Brown to Resign
Following last week's U.K. general election in which no party won an overall majority, Gordon Brown has announced that he will be stepping down as Labour Party leader, reports BBC News. He has been prime minister since 2007.
Brown said he has "no desire to stay in his position longer than was needed to form a stable government, and that he would ask the Labour Party to set in form the process of a leadership contest."
He wants a successor to be in place by the time of the party's conference in September.
The Conservatives won the most seats and most votes in the election, and have reportedly been in talks with the Lib Dems. Per CNN, Brown said they have now asked for talks with Labour as well. He said it was "sensible and in the national interest" to respond positively to the request.