Prime minister announces resignation after overseeing ten years of unprecedented levels of spending on built environment

Tony Blair today announced he will stand down after ten years as prime minister on 27 June.

In a speech to Labour Party members at his Sedgefield constituency, the architect behind the investment of £300bn in capital and infrastructure works since 1999, said that he always did what he thought was right for the country.

He acknowledged that his government had not always lived up to expectations but added: “There is only one government since 1945 that can say all of the following: more jobs, fewer unemployed, better health and education results, lower crime and economic growth in every quarter. Only one government, this one."

Under Blair, the construction industry has benefited from unprecedented levels of spending in improving schools and hospitals, as well as a commitment to regeneration.