Blair ministry the May 1997 election with a 179-seat majority. The Prime Minister Tony Blair, who turned 44 years old days after leading Labour to victory, was the youngest Prime Minister of the twentieth century. Blair quickly wiped away memories of the troubled Labour governments led by Harold Wilson and James Callaghan in the 1960s and 70's as the economic recovery continued and unemployment continued to fall. While other developed countries, notably Japan, were hit by a financial crisis during Blair's first term in office, the British economy remained strong. In September 2000, however, protests against fuel prices intensified across the country
Premiership of Tony Blair elected Labour leader as the only successfully nominated candidate with 313 nominations compared to John McDonnell's 29 at close of nominations on 17 May 2007, the result being declared formally and coming into effect on 24 June 2007 with Tony Blair resigning as Prime Minister on 27 June 2007 and Gordon Brown being asked to form a government by The Queen later that day. Blair stepped down as an MP immediately triggering a by-election in Sedgefield. He has declined the traditional seat in the House of Lords offered to former Prime Ministers, commenting that it is, "not my scene" Tony