Tony Blair won a record-breaking General Election victory today as he headed back to No 10 for an historic third term in power - but with a reduced majority.
Mr Blair told party workers at Trimdon Labour Club in his Sedgefield constituency: "I know there are lots of lessons to learn but I do feel very proud of the fact that we have managed that historic third term victory."
He added: "To be re-elected for a third time is very special so it's a tremendous privilege and an honour."
Tory leader Michael Howard conceded defeat at his count in Folkestone, after retaining his own seat.
He said: "It looks that Mr Blair is going to win a third term for Labour and I congratulate him on that victory.
"I believe that the time has now come for him to deliver on the things that really matter to the people of our country."
Update to Follow
