Prime Minister of the United Kingdom the incumbent is consistently ranked as one of the most powerful and influential people in the world. The Prime Minister is the head of the United Kingdom government. As such, the modern Prime Minister leads the Cabinet (the Executive). In addition, the Prime Minister leads a major political party and generally commands a majority in the House of Commons (the lower House of the legislature). The incumbent wields both significant legislative and executive powers. Under the British system, there is a unity of powers rather than separation. In the House of Commons, the Prime Minister guides the law-making process with
Gordon Brown banking supervision to the Financial Services Authority. Controversial moves included the abolition of advance corporation tax (ACT) relief in his first budget, and the removal in his final budget of the 10% "starting rate" of personal income tax which he had introduced in 1999. In 2007, Tony Blair resigned as Prime Minister and Labour Leader and Brown was chosen to replace him in an uncontested election. After initial rises in opinion polls following Brown becoming Prime Minister, Labour's popularity declined with the onset of a recession in 2008, leading to poor results in the local and European elections in 2009.