According to Cameron, the country needs new leadership after it stabilizes. He announced this at a morning press conference at Downing Street on Friday, after preliminary results of the Brexit vote have been made public, Censor.NET reports citing The Guardian.
"I will do everything I can as a prime minister to steady the ship over the coming weeks and months. But I do not think it would be right for me to try to be the captain that steers our country to its next destination," Cameron said to journalists.
"This is not a decision I've taken lightly. But I do believe it's in the national interest to have a period of stability, and then the new leadership required," the PM said.
According to the prime minister, there is 'no need for a precise timetable today,' but the country 'should aim to have a new prime minister in place by the start of the Conservative party conference in October,' Cameron stated.
As reported, almost 52 percent of Brexit referendum voters supported UK's leave of the EU June 23. Following the results announcement, European Council President Donald Tusk said the remaining 27 member countries of the bloc will maintain their unity.