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Labour Party (UK)
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Labour Party (UK) (Wikipedia.org)

The Labour Party is a political party in the United Kingdom. Founded in the early 20th century, it has been since the 1920s the principal party of the centre-left in Great Britain (England, Scotland and Wales) but not in Northern Ireland, where the Social Democratic and Labour Party occupies a roughly similar position on the political spectrum, though people in Northern Ireland can still join the party. It has formed the national government of the United Kingdom since 1997. It is also the largest party in the Welsh Assembly Government in Wales and the second largest party in the Scottish Parliament. It holds the London mayoralty and is represented in the European Parliament. Its current leader is Gordon Brown.

The Labour Party surpassed the Liberal Party as the main opposition to the Conservatives in the early 1920s. It has had several spells in government, first as minority governments under Ramsay MacDonald in 1924 and 1929-31, then as a junior partner in the wartime coalition from 1940-1945, and then as a majority government, under Clement Attlee in 1945-51 and under Harold Wilson in 1964-70. Labour was in government again in 1974-79, under Wilson and then James Callaghan, though with a precarious and declining majority.

New Labour won a landslide 179 seat majority in the 1997 general election under the leadership of Tony Blair, its first general election victory since October 1974 and the first general election since 1970 in which it had exceeded 40% of the popular vote. The Labour Party's large majority in the House of Commons was slightly reduced to 167 in the 2001 general election and more substantially reduced to 66 in 2005.

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CNBC's Geoff Cutmore spoke with the former UK Prime Minister Tony Blair Thursday and asked whether he thinks the right action is being taken...
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Yesterday
CNBC Video Gallery - CNBC.com
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When the Conservatives promised to match the Labour government's spending pledges, it was meant to symbolise a more progressive approach to funding public services. But with the chancellor expected ...
a month ago
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Netanyahu's office has said that peace talks launched last year by US President George W. Bush have failed to make headway, and he has signaled he would cut off the negotiations if elected. But after ...
2 months ago
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Is racism in the Labour Party preventing the election of a black Prime Minister? The chairman of the Equality and Human Rights Commission thinks so. Sky's Lorna Dunkley asks youth activist Nathan ...
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2 months ago
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Barack Obama would never have become the British Prime Minister because of 'institutional racism' in the Labour Party claims Trevor Phillips, head of Britain's equality watchdog. Sky's Peter Spencer ...
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2 months ago
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Mr Mandelson was twice forced to resign from Tony Blair's cabinet, and he and Mr Brown famously fell out 14 years ago when Mr Mandelson supported Mr Blair's bid for the Labour leadership. ...
3 months ago
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Gordon Brown has not been short of advice about how to regain his authority in the Labour party. The talk at Labour conference in Manchester is all about the leadership. Can Brown hang on? Is there a ...
3 months ago
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No windfall tax, but a promise to deal with the "unprecedented economic challenges", as the chancellor told the Labour party conference his priority was to stabilise the banking system. It earned him ...
3 months ago
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