David Cameron has announced his resignation after Leave secures a dramatic victory by 52 per cent to 48 per cent
The British Prime Minister made his emotional announcement after the historic EU referendum delivered clear backing for Brexit.
He said he cannot be the ‘captain’ who steers the UK to new future outside the Brussels club
The Mail Online reports:
Bank of England governor Mark Carney moved to reassure panicking markets this morning after the Pound nose-dived to its lowest level against the US dollar for 31 years, and the FTSE slumped by 8 per cent.
SNP leader Nicola Sturgeon has already raised the prospect of a second independence referendum in Scotland within two years, potentially heralding the break-up of the UK.
Flanked by wife Samantha in Downing Street, Mr Cameron said he had been ‘proud’ to serve as PM for the past six years.
But he said it would not be right for him to be the ‘captain of the ship’ while the UK negotiated its exit from the EU.
After his speech, Mr Cameron travelled to Buckingham Palace to discuss the results with the Queen.
‘I held nothing back. I was absolutely clear about my belief that Britain is stronger, safer and better off inside the EU,’ he said.
‘And I made clear the referendum was about this and this alone – not the future of any single politician including myself.
‘But the British people have made a very clear decision to take a different path and as such I think the country requires fresh leadership to take it in this direction.’
Choking back tears, Mr Cameron – who led the Tories to a shock majority in the general election barely a year ago – said he would not depart immediately and would seek to ‘steady the ship’ and calm the financial markets over the coming ‘weeks and months’.
But he said a new Prime Minister should be in place for the Conservative Party conference at the beginning of October.
Boris Johnson, who led the Brexit campaign, will be the overwhelming favourite to take over. The Tory MP was booed and called a ‘tw*t’ by protesters as he left his home in central London this morning. He is due to make a statement later.
Emerging from Downing Street grim-faced and hand-in-hand with his wife, Mr Cameron stepped up to a government podium and said: ‘I will do everything I can as Prime Minister to steady the ship over the coming weeks and months but I do not think it would be right for me to try to be the captain that steers our country to its next destination.
‘This is not a decision I have taken lightly but I do believe it is in the national interest to have a period of stability and then the new leadership required.