The British people have voted to leave the European Union and their decision must be respected.
The Government will now prepare for a negotiation with the European Union, working alongside the Scottish, Welsh and Northern Ireland Governments to ensure the interests of all parts of the UK are protected and advanced.
David Cameron has announced that he will step down as Prime Minister, stating that new leadership is required for this important next step in the UK's path. The new Prime Minister will likely be announced by 2nd September after a leadership election within the Conservative Party. David Cameron has also announced that he will leave it to his successor to decide when to invoke Article 50 of the Lisbon Treaty and begin the formal process of exit negotiations.
There will be no initial change in the way Britons can travel, in the way our goods can move or how our services can be sold. I would also reassure British citizens living in European countries and European citizens living here that there will be no immediate changes in their circumstances. The UK will remain in the European Union while we negotiate our exit.