UK Prime Minister to step down following Brexit

British Prime Minister David Cameron announces his plan to resign after British people vote to leave European Union

Arutz Sheva Staff ,

Camerons and his wife outside 10 Downing Street
Camerons and his wife outside 10 Downing Street

Prime Minister David Cameron announced his plan to resign following yesterday's "Brexit" referendum, in which the UK public declared its desire to leave the European Union.

"The will of the British people is an instruction that must be delivered. It is not a decision that was taken lightly," he said. "There can be no doubt about the result."

He then assured markets and investors around the world that Great Britain's economy will remain strong, and promised UK citizens abroad, as well as EU nationals in Britain, that they will not face any immediate change.

Cameron continued by speaking about his accomplishments and plans for the future.

"I was absolutely clear about my belief that Britain is stronger, safer and better off inside the European Union. 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.

"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’s in the national interest to have a period of stability and then the new leadership required.

"There is no need for a precise timetable today. But in my view we should aim to have a new prime minister in place by the start of the Conservative party conference in October."