 A major shift in British politics as the Labour Party wins Parliament. CBS's MTS Taya. For Conservatives, their defeat wasn't just crushing, it was a near annihilation. The worst result for the party in its nearly 200-year history. Major figures were voted out of Parliament and out of jobs. But the verdict was also fragmented, reflecting the deep dissatisfaction across Britain. But after 14 years in the political wilderness, Labour is back in a big way.