Former tánaiste and Labour Party Leader Eamon Gilmore has announced that he will not be seeking a nomination as a candidate for the next general election.

Mr Gilmore this afternoon said: “It has been an honour to represent the people of Dun Laoghaire for the past 30 years”.

In a statement, he said: “I wish to thank the members of the Labour Party in Dun Laoghaire for their continued support and friendship, and the staff with whom I have worked for their loyalty and hard work.

“I also wish to acknowledge my parliamentary colleagues in the Labour Party, and from across the political spectrum, for their work in the public interest.

“Above all, I wish to thank my wife Carol and our children Grainne, Oisin and Sean for their love and comfort through all the challenges of my public life.”

Mr Gilmore resigned as Labour leader last May after the party performed poorly in the local and European elections.

He had been facing no-confidence motions at the party’s central council and Parliamentary Party meetings in the aftermath of the significant loss of seats.

Joan Burton paid tribute to Mr Gilmore in a statement this evening "for his immense contribution to political life as a public representative, as Party Leader and as Tánaiste."

She said that due to the former Tánaiste's work, the economic landscape "is a vastly different place."

"He also deserves lasting credit for his role in bringing about the marriage equality referendum.

"Just as the overwhelming Yes vote for equality was one of Ireland's finest hours, it was one of Eamon's finest hours too" she said.

Minister for Public Expenditure Brendan Howlin also paid tribute to Mr Gilmore, calling him a "patriot" who put Ireland first.