UK PM Resigns After Brexit Referendum
UK PM Resigns After Brexit Referendum British Prime Minister David Cameron on Friday morning said he would resign after the UK voted to leave the European Union in a historic referendum.
Speaking outside his Downing Street office, Mr Cameron said he would remain at his post for the next three months and that the goal should be to have a new leader in place by the beginning of the annual conference of the Conservative Party in October.
"I will do everything I can as premier to stabilize the vessel during the weeks and months to come, but I do not think it would be good for me to try to be the captain who leads our country to its next destination, "Mr. Cameron said, who led the campaign to keep Britain in the EU. "It's not a decision I took lightly, but I believe it is in the national interest to have a period of stability, and the new leadership needed."
The announcement of his intention to resign marked a dramatic fall for a man who took power in 2010 as head of a coalition government and last year won a resounding victory for second term, the first time in 23 years that the party center-right won a majority at a general election.
vote to leave the EU was approved by 52% of British voters, according to a final count released early Friday. The referendum was promised by Mr Cameron in 2013 as it faces increasing pressure from eurosceptics within his own party and others.
via WSJ
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