Labour Party (United Kingdom) in the context of "Democratic socialists"

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⭐ Core Definition: Labour Party (United Kingdom)

The Labour Party, commonly Labour, is one of the two main political parties in the United Kingdom, along with the Conservative Party. It sits on the centre-left of the left–right political spectrum, and has been described as an alliance of social democrats, democratic socialists and trade unionists. It has been the governing party since the 2024 general election. Keir Starmer has been Leader of the Labour Party since 2020 and Prime Minister of the United Kingdom since 2024. There have been twelve Labour governments and seven Labour prime ministers. The party meets annually during Autumn for the Labour Party Conference, during which delegates from local parties and trade unions vote on party policy, and senior figures address the audience from the Conference platform.

The Labour Party was founded in 1900, having emerged from the trade union movement and socialist parties of the 19th century. It was electorally weak before the First World War, but in the early 1920s overtook the Liberal Party to become the main opposition to the Conservative Party, and briefly formed a minority government under Ramsay MacDonald in 1924. In 1929 Labour for the first time became the largest party in the House of Commons, with 287 seats, but fell short of a majority, forming another minority government. In 1931, in response to the Great Depression, MacDonald formed a new government with Conservative and Liberal support, which led to his expulsion from the party. Labour was soundly defeated by his coalition in 1931, winning only 52 seats, but began to recover in 1935 with 154 seats.

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Labour Party (United Kingdom) in the context of Rishi Sunak

Rishi Sunak (born 12 May 1980) is a British politician and former investment banker who served as Prime Minister of the United Kingdom and Leader of the Conservative Party from 2022 to 2024. Following his defeat to Keir Starmer's Labour Party in the 2024 general election, he became Leader of the Opposition, serving in this role from July to November 2024. He previously held two Cabinet positions under Boris Johnson, latterly as Chancellor of the Exchequer from 2020 to 2022. Sunak has been Member of Parliament (MP) for Richmond and Northallerton, previously Richmond (Yorks), since 2015.

Sunak was born in Southampton to parents of Indian descent who immigrated to Britain from East Africa in the 1960s. He was educated at Winchester College, studied philosophy, politics and economics at Lincoln College, Oxford, and earned a Master of Business Administration from Stanford University in California as a Fulbright Scholar. During his time at Oxford University, Sunak joined the Conservatives. After graduating, Sunak worked for Goldman Sachs and later as a partner at two hedge fund firms. Sunak was elected to the House of Commons at the 2015 general election. As a backbencher, Sunak supported the successful campaign for Brexit in the 2016 European Union membership referendum. Sunak was appointed to the junior ministerial position of Parliamentary Under-Secretary of State for Local Government by Theresa May in 2018, and was appointed to the cabinet-attending role of Chief Secretary to the Treasury by Johnson in 2019.

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