U.K. Prime Minister David Cameron Resigns After Brexit Vote

By Sara SjolinMarketsMarketWatch Pulse

The U.K.'s Prime Minister David Cameron said Friday morning he will resign, after Britain voted to leave the European Union in a hotly fought referendum. Cameron had been campaigning for the "remain" side, arguing the U.K. would be safer, stronger and better off economically inside the union. During a speech after the Brexit results were announced, the prime minister said the break-up negotiations with Europe need to take place under a new leader. The new prime minister will take over in October, he said. "Leaving Europe is not the path I recommended," Cameron said. "I will do everything I can to help the U.K. succeed."

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