Nigel Farage Steps Down As UKIP Leader After Brexit Win

By Markets MarketWatch Pulse

Nigel Farage, the head of the U.K. Independence Party, said Monday he's stepping down as leader of the party. Farage and the party were a driving force in the U.K. government's decision to hold ​the Brexit referendum on​ membership in the European Union, and supported the "leave" campaign to help ensure the U.K. cut ties with the bloc. "That is what we voted for in that referendum two weeks ago and that is why I now feel I have done my bit, that I couldn't possibly achieve more than we managed to get in that referendum and so I think it's right that I should now stand aside as leader of UKIP," he said at a news conference, according to The Wall Street Journal.

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