Chuka Umunna has confirmed that he will join the race to be Labour's next leader.

He said he believed Labour could win power in five years' time, adding: "I want to lead that effort as part of a really big Labour team, getting Labour back into office."

Mr Umunna was speaking ahead of a meeting tomorrow of Labour's national executive committee (NEC) to draw up a timetable for the contest to succeed Ed Miliband.

The shadow business secretary is the second candidate to formally throw his hat in the ring after shadow health minister Liz Kendall did so at the weekend.

He said he had held back from making his announcement while he spoke to defeated candidates from the party's disastrous general election performance.

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