Keir Starmer has announced his resignation as both Prime Minister and leader of the Labour Party, stating he is not the right person to lead the party into the next general election.

Context

Starmer's resignation follows increasing pressure regarding his leadership and comes as the Labour Party prepares for a leadership contest.S1S3

Key points

• Starmer will remain as caretaker prime minister until a new leader is chosen.S2

• His resignation was announced during a speech at 10 Downing Street.S3

• Starmer acknowledged he was not best placed to lead Labour into the next election.S1

• The announcement follows days of speculation about his future as leader.S3

• Andy Burnham, a leadership contender, has returned to parliament amid this transition.S3

• Starmer informed the King of his decision to step down.S1

• The Labour Party will now initiate a contest to select a new leader.S2

• Reactions to his resignation are being closely monitored in the political landscape.S2

Why it matters

• Starmer's resignation could significantly impact the Labour Party's strategy leading into the next general election.S1

• The leadership contest may reshape the party's direction and policies.S2

• This transition period will be critical for Labour as it seeks to maintain public support.S3

What to watch

• Watch for announcements regarding potential candidates for the Labour leadership.S2

• Monitor public and party reactions to Starmer's resignation.S1

• Observe how the caretaker government manages ongoing issues during this transition.S2