David Cameron has announced that he will step down as Prime Minister, following Great Britain's decision to leave the European Union.
Giving a statement outside Downing Street, the Prime Minister said that 'the British people have voted to leave the European Union and their will must be respected,' before adding that 'the country needs fresh leadership' to take it 'in that direction.'
Discussing the outcome of the referendum, which saw 52 % vote in favour of leaving the EU, Cameron thanked those invoved with the Remain campaign, including 'all those who put aside party differences to speak in what they believed to be the national interest,' before congratulating the Leave campaign for 'the spirited and passionate case that they made.'
He added: 'The will of the British people is an instruction that must be delivered.'
'It was not a decision that was taken lightly, not least because so many different things were said by so many different organisations about the significance of this decision. So there can be no doubt about the result.'
Joined by his wife Samantha, Cameron reflected on his legacy as Prime Minister before explaining his intention to stand down.
'We must now prepare for a renegotiation with the EU. Above all, this will require strong, determined and committed leadership. I think the country requires fresh leadership to take it in that direction.'
Cameron explained that he would remain in power until the Conservative Party have a new leader, who he would expect to be in place before the party conference in October this year. He revealed that he would not be invoking Article 50 of the Lisbon Treaty, which will kickstart the process of leaving the EU. Instead, he will leave this responsibility to his successor.
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