Hours after Britain voted to leave the European Union, Prime Minister David Cameron has announced his resignation.
In an emotional speech at 10 Downing Street, Cameron said:
The British people have voted to leave the EU and their will must be respected.
The will of the British people is an instruction that must be delivered.
There can be no doubt about the result.
Across the world people have been watching the choice that Britain has made.
This will require strong, determined and committed leadership.
I am very proud to have been Prime Minister of this country for six years.
I have held nothing back.
The british people have made a very clear decision.
I think the country requires fresh leadership.
I do not think I can be the captain to take the country to its next destination.
In my view I think we should have a new prime minister in place by the start of the Conservative conference in October.
The referendum vote to leave the European Union was close. It passed 51.9% to 48.1%. Polls leading up to the vote, as well as international prediction markets predicted the referendum would fail and the UK would remain in the EU.
Cameron has served as Prime Minister for 6 years. He will continue as PM for 3 months at which point he will step down.