British PM Brown announces resignation

British Prime Minister Gordon Brown announced on Tuesday that he was resigning as talks between the opposition Conservative and Liberal Democrat parties appeared to be nearing a deal on forming a new government.

"I have informed the queen's private secretary that it's my intention to tender my resignation to the queen," Brown told reporters outside his Downing Street office. The Conservatives won the most seats and votes in last Thursday's election, beating Brown's ruling Labour party into second with the Liberal Democrats a distant third. (Reuters)