>> UK Prime Minister David Cameron is to step down by October. Speaking on the steps of Downing Street this morning, he said the country needed a new leader after voters chose to take the country out of the EU.>> But the British people have made a very clear decision to take a different path, and as such, I think the country requires fresh leadership to take it in this direction.
There is no need for a precise timetable today but in my view, we should aim to have a new prime minister in place by the start of the Conservative Party Conference in October.>> Voters opting for Brexit by 52% to 48, confounding recent polls that showed a move towards remain.
Cameron took pains to praise the out camp and said the will of the British people had to be respected. He also promised to do everything he could to help the UK negotiate its exit from the EU. But Cameron's decision will add to the turmoil sparked by the referendum.
Reuters UK political correspondent, Will James.>> That triggers then a power struggle within the Conservative Party for who takes control, which direction the party heads and really, it will be a tumultuous period for the Conservatives. Now the focus turns to who will succeed Cameron. Leading out campaigner Boris Johnson widely seen the front-runner.