Speech: David Cameron resigns as UK shocks the world by voting Brexit

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101560383restrictedCameronresigns-large_trans++eo_i_u9APj8RuoebjoAHt0k9u7HhRJvuo-ZLenGRumABritain has voted to leave the European Union, with the Leave campaign securing around 51.8 per cent of the vote.

David Cameron has resigned as Prime Minister in an emotional speech outside 10 Downing Street.

While England voted overwhelmingly for Brexit, Scotland and Northern Ireland backed Remain. Statements are expected to be made by Sinn Fein and the SNP later today calling for a breakaway from the Union. London backed Remain but the turnout was lower than expected because of bad weather.

The pound crashed to the lowest level since 1985 as sterling fell below $1.35. Complacency about a Brexit outcome will come clear this morning, as out of hours trading suggests that the FTSE 100 will drop by 8.8pc, or by some 560 points. The fall would be the third worst in history if stocks ended the day down as sharply.

Cameron’s voice breaks as he quits as PM

David Cameron’s voice broke as he finished his speech, watched on by his wife Samantha.

So that’s it: Mr Cameron has resigned as Prime Minister.

The Cabinet will meet on Monday and a timetable for him stepping down will be drawn up.

David Cameron resigns as Prime Minister

David Cameron has resigned as Prime Minister.

David Cameron resigns as Prime Minister
David Cameron resigns as Prime Minister CREDIT: ANDREW PARSONS / I-IMAGES 

In a speech outside 10 Downing Street he 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 to

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.”

55 Labour MPs sign letter calling for Corbyn to go

Am told a letter signed by at least 55 Labour MPs calling for Jeremy Corbyn to go will be delivered to the leader’s office next week.

Is Cameron planning to resign as PM now?

There are now suggestions that David Cameron is planning to resign at 8am.

Hammond: Putin will feel less pressure this morning

Philip Hammond, the Foreign Secretary, has called for talks with Britain’s former EU partners to continue collaborating on security issues.

David Cameron previously warned that the world would be a less safe place if Britain left the EU.

Vladimir Putin
Vladimir Putin CREDIT: AP

Mr Hammond said: “I don’t want to overstate the case but I do think Britain has been a very positive influence in Europe on the security agenda. I do worry with Britain now having a hugely diminished voice we will see that resolve from our European partners waning.”

On Vladimir Putin he said: “I suspect he will be feeling a little less pressure this morning and a little more upbeat.”

Mr Hammond warned that Britain’s voice would now be diminished within the EU as we prepare for our exit.

White House interim statement on Brexit

” The President has been briefed on the incoming returns in the UK referendum, and he will continue to be updated by his team as the situation warrants. We expect the President will have an opportunity to speak to Prime Minister Cameron over the course of the next day, and we will release further comment as soon as appropriate.”

Farage: The sun has risen on an independent UK

Ukip leader Nigel Farage calls for a Brexit government immediately to start negotiating UK’s new place in the world.

Farage Makes Brexit Address: The sun has risen on an independent UKPlay!01:14

Corbyn calls for Government to start EU withdrawal immediately

Jeremy Corbyn has provoked a furious backlash from Labour MPs after calling on the Government to immediately start the process of withdrawing from the European Union.

The Labour leader said that Article 50 needs to be “invoked now” in response to the EU referendum result because “many communities are fed up with cuts and economic dislocation.

Labour MPs, who repeatedly warned that Mr Corbyn was failing to do enough during the referendum campaign, said he was “absolutely crazy”.

It comes after a leaked Labour script claimed that Jeremy Corbyn is “uniquely placed as a critical Remainer” to help unify Britain in the wake of the referendum.

His comments led to accusations that he is “delusional” and led to open calls for him to quit.

Mr Corbyn said: “Article 50 needs to be invoked now. Many communities are fed up with cuts and very angry. The message is that many communities are fed up with cuts and economic dislocation. Clearly there are very difficult days ahead. There will be job consequences.”

Steven Swinford, deputy political editor

A divided nation

This map shows the stark divisions between Scotland, Northern Ireland and London, which were pro-EU and the rest of England and Wales which were pro-Brexit.

The result now raises very serious questions about the future of the Union.

Corbyn: ‘Very difficult days ahead’

Jeremy Corbyn has stopped short of calling for David Cameron to resign but said that “the Prime Minister has some very urgent tasks ahead of him”.

In an interview with the BBC’s David Dimbleby, he warned: “There are some very difficult days ahead. There will be job consequences because of this decision.”

He added: “People are fed up with the cuts they have had and feel very angry about the way they have been marginalised by successive governments.

“Obviously there has to be a strategy but the whole point is that the public were asked to give an opinion, they gave an opinion and parliament must act upon that.”

France: ‘Europe continues but must rediscover confidence of the people’

Laurence Fabius, the French Foreign minister, says: “I am sad for the United Kingdom. Europe continues, but she must react and rediscover the confidence of the people. It is urgent.”

Charles Michel, the Belgian prime minister, calls for a summit to relaunch the EU.

“I call for a conclave to reaffirm our commitment in July. We have to define our priorities and set out a new future for Europe.”

Final voting tally announced

The final results have just been announced at Manchester Town Hall.

There were 33,577,342 votes cast with Remain securing 16,141,241 votes and Leave 17,410,742.

The key results of the EU referendumPlay!01:08

How the South East and South West voted

Could Northern Ireland break away?

The media wait on Boris Johnson

This is the scene outside Boris Johnson’s house this morning.

The media outside Boris Johnson's house
The media outside Boris Johnson’s house CREDIT: PA

‘Corbyn must go’

A Labour MP tells the Telegraph this morning: “Corbyn has to go. The referendum proved he is worse than even his worse critics said he would be. Even people who supported him have seen he is not up to it. He can’t motivate Labour voters, let alone persuade anyone else. He can’t handle a campaign or even manage to get a message across in an interview.

Jeremy Corbyn is under pressure to quit
Jeremy Corbyn is under pressure to quit CREDIT: AP

“But it is not just that he is incompetent and not up to the job: he has no ideas beyond the vacuous slogans he repeats. He hasn’t set out a single serious policy since he became leader and the views he does have – like on immigration and free movement – are diametrically opposed to the public’s.

Gibraltar’s fears for the future

The Gibraltar Chronicle reports that the British territory voted overwhelmingly to remain in the EU, with Gibraltarians fearing that Brexit will antagonise already testy relations with Spain.

“Gibraltar voted by 19,322 votes to 823 to stay in the EU, meaning 96% of the electorate chose Remain,” the newspaper says this morning.

The Rock of Gibraltar
The Rock of Gibraltar CREDIT: PAUL GROVER FOR THE TELEGRAPH 

Turnout was high at 84 per cent.

Chief Minister Fabian Picardo said: “This result demonstrates that the will of the people of Gibraltar is overwhelming to remain a part of the European Union. Gibraltar and the Gibraltarians, perhaps more so than many others have ‘skin in the game’ of staying a part of Europe. Europe matters to us and we demonstrate that tonight.”

So the overall vote to leave the EU will come as a bitter blow to the British territory.

Final results come in

The final results have come in and the nation voted 52% for leave, 48% for remain.

Schulz: EU must fight to avoid chain reaction

Martin Schulz, the president of the European Parliament, said he would speak with German Chancellor Angela Merkel “on how we can avoid a chain reaction” of other EU states following.

“The chain reaction that is being celebrated everywhere now by euroskeptics won’t happen,” he said.

President of the European parliament Martin Schulz , left, and President of the European Commission Jean-Claude Juncker, right
President of the European parliament Martin Schulz , left, and President of the European Commission Jean-Claude Juncker, right CREDIT: AP

The EU was the biggest single market in the world and “Great Britain has just cut its ties with that market,” Schulz said.

“That’ll have consequences and I don’t believe other countries will be encouraged to follow that dangerous path.”

“I am not shocked,” he said of the results of the British referendum, adding: “We were prepared.”

Matthew Holehouse, Brussels Correspondent

Will Cameron hang on as Prime Minister?

Farage: I can’t guarantee EU money will go on the NHS

Nigel Farage says it was a mistake for Vote Leave to say the UK would be able to spend £350m on the NHS after a Brexit.

Farage: I can’t guarantee EU money will go on the NHSPlay!01:19

Jeremy Corbyn pictured leaving his home

The Labour leader has been pictured leaving his Islington home this morning.

Jeremy Corbyn
Jeremy Corbyn CREDIT: GETTY IMAGES

-telegraph.co.uk

ABOUT: Nana Kwesi Coomson

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A Freelance Journalist, Entrepreneur and Philanthropist. Editor-in-Chief of www.233times.com. A contributory writer for Ghanaian Chronicle Newspaper. An alumnus of Adisadel College where he read General Arts. He holds first degree in Bachelor of Arts from the University of Ghana; Political Science (major) and History (minor). He has also pursued MSc Corporate Social Responsibility (CSR) and Energy with Public Relations (PR) at the Robert Gordon University in the United Kingdom. His mentors are Rupert Murdoch, Warren Buffet, Sam Jonah, Kwaku Sakyi Addo and Piers Morgan

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