LONDON: Prime Minister David Cameron announced Friday he will resign after Britons voted to leave the EU in defiance of his warnings of economic pain.
Cameron promised to try to “steady the ship” over the next months but said a new leader should be installed by early October.
“I do not think it would be right for me to try to be the captain that steers our country to its next destination,” the British leader said outside his official Downing Street residence in London.
“I think it’s right that this new prime minister takes the decision about when to trigger Article 50,” Cameron said, after announcing a timetable for his resignation following Britain’s vote to leave the EU.