British Prime Minister Tony Blair's Labor Party won an absolute majority of parliamentary seats in Britain's general election on Friday, passing the required 324-seat mark for the 646-member House of Commons.

The election victory means Blair has won a historic third consecutive term in office.

The leader of Britain's opposition Conservative Party, Michael Howard, conceded defeat on Friday in a speech following his re-election as MP for Folkestone, southern England.

He said, "It looks from the way in which the national results are going that Mr Blair is going to win a third term for Labor."

However, projections and exit polls by BBC and the Independent Television indicated that Labor's majority in the House of Commons will be reduced from 161 seats to 66 seats.

Source: Xinhua