VOICED: British PM to resign, seeking post-poll deal

The transcript discusses the aftermath of a UK election where the Labour Party, led by Gordon Brown, struggled to maintain power after 13 years. Labour secured only 29% of the vote, losing seats to the Conservatives, who also failed to gain a majority. Talks of a coalition with the Liberal Democrats were underway, with leadership changes in Labour being a key issue. Potential Labour leaders included David and Ed Miliband, and Ed Balls. The Conservatives, led by David Cameron, were likely to form the next government and were considering offering a referendum on electoral reform to appeal to the Liberal Democrats.

Who are the front runners in the leadership race mentioned in the text?

What are the potential outcomes for Labour as discussed in the text?