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Anti-Austerity Corbyn Elected Leader of U.K. Labour Party

Labour leadership contest. Jeremy Corbyn takes to the stage after he was announced as the Labour Party's new leader.

Labour leadership contest. Jeremy Corbyn takes to the stage after he was announced as the Labour Party's new leader.

Photographer: Stefan Rousseau/Press Association via AP Images
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The U.K. main opposition Labour Party elected its most socialist leader in at least 30 years, signaling a decisive shift away from the free-market policies that brought the party electoral success under Tony Blair.

Jeremy Corbyn won 59.5 percent of the vote to succeed Ed Miliband with his nearest rival, Andy Burnham, gaining 19 percent. Tom Watson, who took on Rupert Murdoch over phone hacking, was elected deputy leader in a separate ballot.