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 down as Prime Minister in a matter of weeks. He further encouraged Gordon Brown as his successor as Leader of the Labour Party. On 3 May, it was further clarified by Downing Street that the exact date of resignation would be announced on 10 May. The following election of a new leader of the Labour Party was expected to take 48 days. On 10 May 2007, Blair held a Cabinet meeting where he told his ministers about his resignation plans and later making a speech at the Trimdon Labour Club in his Sedgefield constituency before announcing at a press conference