David Cameron, Britain's Prime Minister, to step down after 'Brexit' vote

What Brexit means for US

LONDON — British Prime Minister David Cameron said Friday he will step down after voters moved to withdraw from the European Union.

Official results showed the "Leave" campaign took 51.9 percent of the ballots compared to 48.1 percent for "Remain."

SEE ALSO: BBC forecasts UK votes to leave European Union

The referendum was Cameron delivering on an election promise — but the premier had forcefully campaigned for Britain to remain in the EU.

The results served as an indictment of Britain's government and immediately sparked speculation about Cameron's political future.

Cameron said early Friday that the British people had spoken — and "their will must be respected."

Image: Reuters

With markets in freefall after the result, Cameron attempted to reassure anxious investors that the British economy was "fundamentally strong" and that any trade or travel changes would not be immediate.

He said outside of Downing Street that he was "very proud" and "honored" to have led the country for six years — but that Britain now "must prepare for a negotiation" with the European Union, one that "will require strong, determined and committed leadership."

"I do not think it would be right for me to be the captain that steers our country to its next destination," he told reporters outside his Downing Street office.

RELATED: David Cameron through the years

4 PHOTOS
David Cameron (UPDATED 5/8)
See Gallery
David Cameron (UPDATED 5/8)
LONDON, UNITED KINGDOM - MAY 08: (L-R) Labour leader Ed Miliband, Liberal Democrat leader Nick Clegg and Prime Minister David Cameron attend a tribute at the Cenotaph to begin three days of national commemorations to mark the 70th anniversary of VE Day May 8, 2015 in London, United Kingdom. Both Miliband and Clegg said they will resign their posts as party leaders after they were soundly beaten by Cameron and his Conservative Party in yesterday's general election. (Photo by Chip Somodevilla/Getty Images)
Britain's Prime Minister and Leader of the Conservative Party David Cameron and his wife Samantha are applauded by staff upon entering 10 Downing Street in London on May 8, 2015, after visiting Queen Elizabeth II, a day after the British general election. British Prime Minister David Cameron's Conservative party on Friday won a majority in the House of Commons in the general election, results showed. AFP PHOTO / POOL / STEFAN ROUSSEAU (Photo credit should read STEFAN ROUSSEAU/AFP/Getty Images)
NEW YORK, NY - SEPTEMBER 24: British Prime Minister David Cameron (L) meets with Iranian President Hassan Rouhani at the Unityed Nations during the 69th Session of the UN General Assembly September 24, 2014 in New York City. World leaders, activists and protesters have converged on New York City for the annual UN event that brings together the nations for a week of meetings and conferences. This year's General Assembly has highlighted the problem of global warming and how countries need to strive to reduce greenhouse gas emissions. (Photo by Timothy A. Clary-Pool/Getty Images)
HIDE CAPTION
SHOW CAPTION
of
SEE ALL
BACK TO SLIDE

A clearly emotional Cameron said he would resign as prime minister by the fall, adding it was "not a decision I've taken lightly."

The news hit as Londoners were racing to work, with many glued to their cellphones as the headlines were alerted.

"I'm happy to see him go," said legal assistant Colette, 42.

She told NBC News that she hadn't voted for Cameron — and had cast a ballot in favor of leaving the EU.

"I thought there need to be some big changes," said Colette, who would only give her first name. She said she was "shocked" that the "Leave" camp won.

"It is gonna be a little bit crazy for a while but I think it's going to even out," she added.

More from NBCNews.com:
What You Need to Know About U.K.'s 'Brexit'
From Triumph to Trump: Online Reactions to 'Brexit'
Is 'Brexit' the Beginning of End for European Union?

Read Full Story

Sign up for Breaking News by AOL to get the latest breaking news alerts and updates delivered straight to your inbox.

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.