Outgoing UK Prime Minister and Conservative Party leader Rishi Sunak announced on Friday that he will step down as leader of the Tories, but “not immediately.” This was stated in an appearance where he asked for forgiveness after the worst result for the conservatives since their foundation.

“I have offered the King my resignation as Prime Minister. I would like to say First of all I’m sorry“I have given everything to this job, but there are clear signs that the UK Government needs to change,” he said, minutes before leaving 10 Downing Street hand in hand with his wife, as is tradition.

“I will step down as leader of the Conservative Party, but not immediately. “It will be as soon as we sort out who will be the successor. We need to rebuild the Conservative Party and understand our crucial party as the opposition,” he said.

The conservative leader has led his party to a historic defeat in these elections: More than 240 deputies and has fallen to its worst result since 1834, the year it was founded. As expected, Sunak has admitted his defeat, pointing out that the “only valid way is how the British judge.”

However, he acknowledged that ““He is angry,” but he understands the “disappointment and assumes responsibility.” “for all this loss of votes.” “I am sorry that it was not possible to achieve it,” he said, mentioning “all those who have contributed to the campaign” and the members of his government, whom he thanks for their work.