Cameron announces resignation post Brexit

British Prime Minister David Cameron resigned from office on Friday, after Britain voted against his call to stay on as a member of the European Union.

Cameron said "I fought this campiagn the only way I know going with what I strongly believe" and added that the people's will must be respected.

He said "I am very proud and honoured to have been the Prime Minister of Britain for the last six years" and further reassured the markets and investors that Britain's economy is fundamentally strong.

Cameron's decision comes after much speculation on his stay in the office as Britain chose for Brexit.

Before the polls, Cameron had urged the British people not to quit the EU but the poll result reflected otherwise.

Britain has voted in favour of Brexit with 52 percent of the voters backing the decision to leave the European Union.

The total voter turnout was around 72 percent.

The voters' decision to drop Britain's membership in the European Union is expected to disturb world markets on Friday.

Earlier, many Tory MPs signed a letter saying Cameron has a "mandate and a duty" to remain in the post but, scores of Conservatives believed he cannot stay in the office for long.

Cameron finally chose to step down as the Prime Minister of Britain. .