Brexit effect: David Cameron announces resignation, says new PM should steer UK

By: FE Online | Updated: Fri June 24 2016, 6:11 pm

Prime Minister David Cameron today announced his resignation following the UK's vote to leave the EU, saying a new Prime Minister should be in place by October as it would not be right for him to try to be "the captain that steers the country" to its next destination. Cameron, whose voice choked with emotion as he addressed media outside 10 Downing Street soon after the results in favour of Brexit had been confirmed, said that while nothing would change instantly, it will be a new Prime Minister who would "deliver the instruction" of the British public. "We must now prepare for a negotiation with the European Union...The country requires fresh leadership to take this forward. While it is important that I stay on to steady the ship, I do not think it would be right for me to be the captain that steers our country to its next destination," said Cameron, who led a spirited campaign for the Remain side.

Switch to Hindi Edition