24/06/2016

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:00:00. > :00:00.You're watching a special Newsround on an historic morning for the UK.

:00:00. > :00:08.I'm Ricky, live at Westminster, bringing you the massive news

:00:09. > :00:22.that the UK has voted to leave the European Union.

:00:23. > :00:29.I'm outside the Houses of Parliament in Westminster,

:00:30. > :00:34.as children and adults across the UK wake up on a truly historic day.

:00:35. > :00:39.So much is going on, helicopters above here, loads of journalists

:00:40. > :00:48.waiting for politicians to come out. The votes have now been counted

:00:49. > :00:50.after yesterday's EU referendum, and the enormous news we're bringing

:00:51. > :00:53.you is that the has UK voted to leave that club of 28 countries,

:00:54. > :01:05.the European Union. Something like this is not really

:01:06. > :01:10.happened before. Theo is here, he is a political reporter. He will be

:01:11. > :01:21.answering lots of questions. Why is this such a huge deal? It is

:01:22. > :01:25.all about how the country is run and who runs it. We are outside

:01:26. > :01:30.parliament where most of our laws are made, some of them are made in

:01:31. > :01:37.Brussels. All of that is going to change and nobody can be sure to

:01:38. > :01:40.going to happen. We will hear from some children later, we have had

:01:41. > :01:45.some questions sent in, this is from Oscar, he says, if we have left,

:01:46. > :01:49.will we be able to join again? If we wanted to join again, we would have

:01:50. > :01:53.to apply to join which means we would have to ask 27 other countries

:01:54. > :01:59.if it was a cake for us to join. They might say no. They are about to

:02:00. > :02:07.go to the Prime Minister who has just outside number ten Downing St.

:02:08. > :02:16.Above all, this will require strong, determined and committed leadership.

:02:17. > :02:20.I am very proud and honoured to have been Prime Minister of this country

:02:21. > :02:26.for six years. I believe we have made great steps, with more people

:02:27. > :02:31.in work than ever before in our history, with reforms to welfare and

:02:32. > :02:35.education, increasing people's life chances, building a bigger and

:02:36. > :02:39.stronger society. Keeping our promises to the poorest people in

:02:40. > :02:44.the world and enabling those who love each other to get married

:02:45. > :02:50.whatever their sexuality. But above all, the store in Britain's economic

:02:51. > :02:54.strength. I am grateful to everyone who has helped to make that happen.

:02:55. > :03:00.I have also always believe that we have to confront big decisions are

:03:01. > :03:08.not duck them, so we deliver the first Coalition Government and

:03:09. > :03:12.brought the country back from the brink, and we delivered a decisive

:03:13. > :03:16.referendum in Scotland. That is why I made the pledge to renegotiate

:03:17. > :03:20.Britain's position in the European Union and hold a referendum on our

:03:21. > :03:27.membership and carried those things out. I fought this campaign in the

:03:28. > :03:33.only way I know how. Which is to say directly and passionately what I

:03:34. > :03:38.think and feel, head, heart and soul. I held nothing back. I was

:03:39. > :03:42.clear about my belief that Britain is stronger, safer and better off

:03:43. > :03:49.inside the European Union. And I made clear the referendum was inside

:03:50. > :03:53.about this and this alone, not the future of any politician including

:03:54. > :03:58.myself. But the British people have made it very clear decision to take

:03:59. > :04:00.a different path. As such, I think the country requires fresh

:04:01. > :04:07.leadership to take it in this direction. I will do everything I

:04:08. > :04:11.can as Prime Minister to steady the ship over the coming weeks and

:04:12. > :04:17.months. But I do not think it would be right for me to try to be the

:04:18. > :04:21.captain that steers our country that its next destination. This is not a

:04:22. > :04:25.decision I have taken lightly. But I do believe it is in the national

:04:26. > :04:29.interest to have a period of stability and then the new

:04:30. > :04:33.leadership required. There is no need for a precise timetable today.

:04:34. > :04:36.But in my view, we should aim to have a new Prime Minister in place

:04:37. > :04:42.by the start of the Conservative Party conference in October.

:04:43. > :04:45.Delivering stability will be important and I will continue in

:04:46. > :04:52.post as Prime Minister at with my cabinet for the next three months.

:04:53. > :04:55.The cabinet will meet our on Monday, the governor of the Bank of England

:04:56. > :04:58.will make a statement about the steps the government and Treasury

:04:59. > :05:02.are taking to reassure national markets. We will continue taking

:05:03. > :05:07.forward the important legislation that week set before Parliament in

:05:08. > :05:10.the Queen's speech. I have spoken to Her Majesty The Queen this morning

:05:11. > :05:16.to advise her of the steps I am taking. The negotiation with the

:05:17. > :05:18.European Union will need to begin under a new Prime Minister and I

:05:19. > :05:26.think it is right that this by Minister takes a decision about when

:05:27. > :05:30.to trigger Article 50 and start the formal process of leaving the EU. I

:05:31. > :05:35.will attend the European Council next week to explain the decision

:05:36. > :05:41.but people have taken and my own decision. The British people have

:05:42. > :05:45.made a choice. That not only needs to be respected, but those on the

:05:46. > :05:52.losing side of the argument, myself included, should make it work.

:05:53. > :05:55.Britain is a special country. We have so many great advantages. A

:05:56. > :06:00.Parliamentary democracy where we resolve great issues about our

:06:01. > :06:04.future through peaceful debate. A great trading nation with our

:06:05. > :06:08.science and arts, our engineering and creativity, respected the world

:06:09. > :06:15.over. And while we are not perfect, I'm leave we can be a model of a

:06:16. > :06:19.multiracial, multi-faith democracy where people can make a contribution

:06:20. > :06:23.and rise to the very highest their talent allows. Although leaving

:06:24. > :06:30.Europe was not the part I am the first to praise our incurable

:06:31. > :06:34.incredible strengths. I said before that Britain can survive outside the

:06:35. > :06:40.European Union and that we could find a way. Now the decision has

:06:41. > :06:45.been made to leave, we need to find the best way. I will do everything I

:06:46. > :06:50.can to help. I love this country and I feel honoured to have served it.

:06:51. > :06:58.And I will do everything I can in future to help this great country

:06:59. > :07:03.succeed. Thank you very much. So there you have it, some breaking

:07:04. > :07:07.news, the British by Minister David Cameron says he will resign. He said

:07:08. > :07:12.the will of the British people must be respected and David Cameron was

:07:13. > :07:15.on the Remain camp, he wanted the UK to remain part of the European

:07:16. > :07:19.union, and after that vote yesterday, that has not happened, we

:07:20. > :07:23.are leaving the European Union. There will be a nearby Minister

:07:24. > :07:28.eventually, pretty big news, breaking news here. We have had mini

:07:29. > :07:36.questions in. Let's get to your questions, first. Will the result

:07:37. > :07:40.affect the economy? The simple answer is yes, the resignation of

:07:41. > :07:44.David Cameron will affect our economy because of this is and money

:07:45. > :07:48.people, if they are going to invest money, they want to know what the

:07:49. > :07:56.laws are like and they want things predictable. At the moment they are

:07:57. > :08:00.not. What is your question? How will this decision affect young people

:08:01. > :08:05.like me? I have to confess, I do not know. All we know is that it is

:08:06. > :08:09.going to affect you. At the moment is part of the European Union,

:08:10. > :08:11.people have the right to live and work wherever they please in Europe

:08:12. > :08:17.and that would apply to you as well. In a few years' time it might be

:08:18. > :08:22.different, we do not know. Huge news, the Prime Minister saying he

:08:23. > :08:25.will resign, what you make of that? This was predictable, the Prime

:08:26. > :08:28.Minister called the referendum and campaigned for us to remain in the

:08:29. > :08:31.European Union, the people have spoken and said it is not going to

:08:32. > :08:35.happen so now it is up to somebody else to take over and negotiate a

:08:36. > :08:40.new form of government for Britain. Could you quickly answered some

:08:41. > :08:44.questions here? Northern Ireland and Scotland voted to remain, part of

:08:45. > :08:49.the unit in union, but overall the UK has voted to stay out of it, but

:08:50. > :08:55.what will happen to them, or they get another chance? That is a good

:08:56. > :08:59.question, Northern Ireland probably not, but in Scotland, not so long

:09:00. > :09:03.ago we had a referendum on Scottish independence. With Scotland voting

:09:04. > :09:06.overwhelmingly to remain in the European Union and England and Wells

:09:07. > :09:09.voting overwhelmingly to get out, there is with the Chancellor could

:09:10. > :09:15.be another independence referendum in Scotland. -- there is always the

:09:16. > :09:20.chance they could be another independence referendum in Scotland.

:09:21. > :09:27.Will England still be in the year rose in four years' time? Do you

:09:28. > :09:33.know the -- in the year rose? -- in the year rose?

:09:34. > :09:41.It is whether they can score the goals which matters! Thank you for

:09:42. > :09:50.your questions. Thank you to you guys as well. Big news, the UK is

:09:51. > :09:54.leading the European Union and David Cameron says he will assign. Plenty

:09:55. > :09:56.more on the news and website and also make sure you tune in at

:09:57. > :09:58.4:20pm.