British Prime Minister, David Cameron is to step down in October after voters decided Britain should leave the European Union. Prime Minster announced in a statement outside Downing Street after the final result was announced.
Mr. Cameron said, he would attempt to “steady the ship” over the coming weeks and months but that “fresh leadership” was needed. The PM had urged the country to vote Remain, warning of economic and security consequences of an exit, but the UK voted to Leave by 52% to 48%.
British Prime Minister’s announced, “I will do everything I can as prime minister to steady the ship in coming months, but I do not think it would be right for me to captain that ship. There is no need for a precise timetable today, but we should aim to have a new prime minister in place by the start of Conservative conference in October.”
“The cabinet will meet on Monday, the governor of the Bank of England is making a statement about the steps it is taking,” the British PM said.
