Cameron steps down as PM, to leave office by October (VIDEO)

Cameron steps down as PM, to leave office by October (VIDEO)


Britain’s David Cameron has announced plans to resign as prime minister following Britain’s decision to leave the European Union.


Speaking after confirmation that the United Kingdom had voted against his pleas to remain in Europe, the Tory leader told reporters outside 10 Downing Street: “I do not think it would be right for me to be the captain that steers our country to its next destination.”

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PM quits after UK votes to leave EU in historic Brexit referendum

“This is not a decision I’ve taken lightly but I do believe it is in the national interest to have a period of stability and then the new leadership required,” Cameron added.

“I think it’s right that this new Prime Minister takes the decision about when to trigger article 50 and start the process of leaving the EU.”

In a statement to the press, the PM acknowledged that the British people had “made a very clear decision to take a different path” and thus required fresh leadership.

“We should be proud of the fact that in these islands, we trust the people with these big decisions,” Cameron said of the Brexit referendum.

“The British people have voted to leave the European Union and their will must be respected.”

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The decision to put EU membership to a public vote had created a schism within the Conservative Party, with a number of backbenchers campaigning against Cameron’s argument to remain within the political and economic trading bloc.

“Delivering stability will be important and I will continue as prime minister with my cabinet for the next three months,” Cameron said.

“The cabinet will meet on Monday, the governor of the Bank of England is making a statement about the steps that the bank and the treasury are taking to reassure financial markets.”

Despite calls from the opposition to trigger Article 50 and start formal proceedings for leaving the EU, Cameron suggested the responsibility should lie with the next leader.

The prime minister is due to appear before the European Council next week to explain the outcome of the referendum, which he urged people to “respect.”

“The British people have made a choice. That only needs to be respected but those on the losing side of the argument, myself included, should help to make it work.”

Source: Daily News