David Cameron has resigned as Prime Minister of the UK following the Brexit vote this morning in the UK.
He becomes the first British PM since Harold Wilson in 1976 to quit his post. He is expected to step down in October, he announced as he was close to tears outside Downing Street.
Cameron said that the UK needs “fresh leadership” to negotiate the Britain’s departure from the EU, known colloquially as Brexit. The results of this referendum, originally called for by Cameron in 2013, were announced this morning as a shock victory for the Leave campaign.
The ‘Brexit’ verdict has sent the pound (GBP) to a 30-year low and immediately got people calling for Cameron’s resignation. Boris Johnson is the favourite to replace him.
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