Good evening, and our top story tonight. In an unexpected turn of events, the incumbent party has conceded defeat in the recent election, paving the way for a new government to take power. This announcement comes as a shock to many, as projections leading up to the election suggested a much closer race. It remains to be seen what kind of changes the new administration will bring, but it's clear that a new era in politics is upon us. Stay tuned for further updates and analysis as this story continues to develop...