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Cameron to quit

Prime Minister David Cameron is to step down by October after the UK voted to leave the European Union.

Speaking outside 10 Downing Street, he said “fresh leadership” was needed.

The PM had urged the country to vote Remain but was defeated by 52% to 48% despite London, Scotland and Northern Ireland backing staying in.

UKIP leader Nigel Farage hailed it as the UK’s “independence day”, while Boris Johnson said the result would not mean “pulling up the drawbridge”.

Scottish First Minister Nicola Sturgeon said she was “absolutely determined” to keep Scotland in the EU so a second Scottish independence referendum was now “highly likely”.

EU chiefs said they expected the UK to begin negotiations to leave “as soon as possible, however painful that process may be”.

But Boris Johnson, the ex-London mayor and public face of Vote Leave who is now a frontrunner to be next prime minister, said there was “no need for haste” about severing the UK’s ties.

He said voters had “searched in their hearts” and the UK now had a “glorious opportunity” to pass its own laws, set its own taxes and control its own borders.

Another leading Leave campaigner, Labour’s Gisela Stuart said the UK would be a “good neighbour” when it left the EU.

The pound fell to its lowest level against the dollar since 1985 as the markets reacted to the results.

Flanked by his wife Samantha, Cameron announced shortly after 08:15 BST that he had informed the Queen of his decision to remain in place for the short term and to then hand over to a new prime minister by the time of the Conservative conference in October.

He would attempt to “steady the ship” over the coming weeks and months, but that it would be for the new prime minister to carry out negotiations with the EU and invoke Article 50 of the Lisbon Treaty, which would give the UK two years to negotiate its withdrawal, he said.

“The British people have voted to leave the European Union and their will must be respected,” said Cameron. “The will of the British people is an instruction that must be delivered.”

Bank of England governor Mark Carney said UK banks’ “substantial capital and huge liquidity” allowed them to continue to lend to businesses and households.

The Bank of England is ready to provide an extra £250bn of support, he added.

The referendum turnout was 71.8% – with more than 30 million people voting – the highest turnout at a UK-wide vote since 1992.

Farage – who has campaigned for the past 20 years for Britain to leave the EU – told cheering supporters “this will be a victory for ordinary people, for decent people”.

Labour leader Jeremy Corbyn, who called for the UK to remain in the EU but was accused of a lukewarm campaign, said poorer communities were “fed up” with cuts and felt “marginalised by successive governments”.

“Clearly there are some very difficult days ahead,” he said, adding that “there will be job consequences as a result of this decision”.

He said the point he had made during the campaign was that “there were good things” about the EU but also “other things that had not been addressed properly”.

Lib Dem leader Tim Farron said Labour’s leader had been “utterly gutless” in the way he approached the campaign.

And two Labour MPs have submitted a motion of no confidence in Corbyn’s leadership which may be debated and voted on by Labour MPs next week.

Johnson and Gove paid tribute to Cameron as they addressed Vote Leave supporters in London alongside Ms Stuart.

Johnson said the UK was “no less united… nor indeed any less European” following the decision to leave the EU.

Meanwhile, at a press conference in Edinburgh, Sturgeon said a second Scottish referendum was “on the table” and that the Scottish government would prepare legislation to enable one.

The European Parliament is to hold an emergency session on Tuesday to discuss the referendum result.

On Twitter, EU Parliament president Martin Schulz called for a “speedy and clear exit negotiation”.

But Leave supporting Tory MP Liam Fox said voters had shown great “courage” by deciding to “change the course of history” for the UK and, he hoped, the rest of Europe.

Taxi driver waves Union Flag

The EU referendum has revealed an ancient, jagged fault line across the United Kingdom. It is a scar that has sliced through conventional politics and traditional social structures, and it is far from clear whether the kingdom can still call itself united.

The referendum was ostensibly about membership of the European Union. But voters took it to be asking a different question: what kind of country do you want Britain to be?

Yesterday seemed to offer a fork in the road: one path (Remain) promised it would lead to a modern world of opportunity based on interdependence; the other (Leave) was advertised as a route to an independent land that would respect tradition and heritage.

Which path people took depended on the prism through which they saw the world.

n is set to be the first country to leave the EU since its formation – but the Leave vote does not immediately mean Britain ceases to be a member of the 28-nation bloc.

That process could take a minimum of two years, with Leave campaigners suggesting during the referendum campaign that it should not be completed until 2020 – the date of the next scheduled general election.

Foreign exchange in Tokyo

Once Article 50 has been triggered a country can not rejoin without the consent of all member states.

Cameron previously said he would trigger Article 50 as soon as possible after a Leave vote but Johnson and Gove, who led the campaign to get Britain out of the EU, have said he should not rush into it.

They also said they wanted to make immediate changes before the UK actually leaves the EU, such as curbing the power of EU judges and limiting the free movement of workers, potentially in breach of the UK’s treaty obligations.

The government will also have to negotiate its future trading relationship with the EU and fix trade deals with non-EU countries.

In Whitehall and Westminster, there will now begin the massive task of unstitching the UK from more than 40 years of EU law, deciding which directives and regulations to keep, amend or ditch.

The Leave campaign argued during a bitter four-month referendum campaign that the only way Britain could “take back control” of its own affairs would be to leave the EU.

Leave dismissed warnings from economists and international bodies about the economic impact of Brexit as “scaremongering” by a self-serving elite.

The CBI said many businesses would be concerned about the referendum result.

It said “the urgent priority now is to reassure the markets”, but warned against “rushed decisions”. (BBC)

7 Responses to Cameron to quit

  1. Carson C Cadogan June 24, 2016 at 11:05 am

    I hope Perter Wickham and his supporters are taking note.

    Opinion polls up to yesterday were predicting that the Britons would vote in overwhelming numbers to remain in the EU.

    Opinion polls are all fluff.

    • harry turnover June 24, 2016 at 11:56 am

      Bet if Peter Wickham polls here predict another term for the DLP it won’t be all fluff for people like you though.

  2. jrsmith June 24, 2016 at 12:00 pm

    Half of the people in (UK) the stay campaigners is behaving as a bunch of frighten scared no confidence bigots stretching this as far as racist. When you consider the (EU)they have no time for the Commonwealth or its people allowing quotas of immigrants from the same…
    This decision by the British was inevitable rather sooner than later, the (EU) with its 28 members ,11% of which have economies doing fairly well, 20 % struggling and the 69% barely surviving, poor ,high employment very low wages… without considering the fact 5 years on from now 3 to 5 more countries will be added which means the (UK) contributions would be increased. These are poor countries..

    Years ago when we all were waken to the fact ,the banks had screwed up the economy of the (UK) we were placed in a more serious position than now, that didn’t prevent the (UK) from coming good, we didn’t behave like frighten school kids..
    the (EU) depend on the (UK) far more than we depend on them..

  3. Honest June 24, 2016 at 1:11 pm

    The people of Britain have spoken. People are tired of the bureaucratic EU and officials that they have not elected and the little representation that they had. Regardless of the dip, the Pound is still holding its own, as it has always done. This should be a lesson for all governments-the people will speak at some time, and you will be made to listen.

  4. seagul June 24, 2016 at 1:52 pm

    Smash The E.U. and Dump the Euro, it’s Slavery to The
    Bankers in Brussels, if Angela Merkel says The E.U. is
    Good, then we all Know the Opposite is True, The E.U.
    is only Good for Germany, not for anybody Else. Almost 100 per cent of the Swiss politicians saw it for what it is long ago.

  5. Jus me June 24, 2016 at 6:33 pm

    Lets not get excited.
    All thats happened is an opinion has been exacted.A majority of the people said to leave.
    Doesent mean to say it will happen.
    Watch the pressure that EU and the World Government, puts on UK now.
    Plus 3 months to wait until they even trigger article 50, MAYBE.
    Harold Wilson the UK PM who brought Britain to its knees and begging for loans from the IMF and the pound to 1.03 to the US$ ,SAID, A WEEK IS A LONG TIME IN POLITICS.
    For the actual exit to happen will be a minimum of 3 months plus TWO years of negotiating.
    Like I said DONT GET EXCITED.
    Didnt Ireland have several Referendums

  6. Leroy June 24, 2016 at 7:22 pm

    Referendums are to be welcomed,, its the will of the people come good or bad, this dlp gov in its 50th year celebrations aught ro understand at no point intime in our history have the elected chosen to allow the citizens a referendum on anything.
    Issue for us to be places on referemdum are below.

    1. Becoming republic
    2. Constitutional reform on recall of members of parliament
    3. Referendum on ccj
    4. Death penalty
    5. Decriminalizing marijuana
    6. Constitutional reform giving election committee full power


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