May in as Cameron leaves 10 Downing

Following the referendum we face a time of great national change.

"I'm going to sit down with the key figures in the United Kingdom economy, like the governor of the Bank of England, look at the situation we face, look at the projections forward and make some carefully considered decisions over the summer".

Mrs May returned to Downing Street, and gave a speech putting social justice at the heart of her Government. Many of those people, fed up with remote politicians and bureaucrats, voted to leave the EU. "If you're from an ordinary working class family, life is much harder than many people in Westminster realise".

The cardinal reminded May, who has served as British home secretary since 2010, of her attendance at the Vatican in April 2014 for the launch of the Santa Marta Group, an initiative launched by Pope Francis to help the victims of the human trafficking.

May, who supported the campaign to remain in the European Union, said "Brexit is Brexit" and the United Kingdom will leave the bloc with no attempt to "remain through the back door".

May, who was a supporter of the "Remain" campaign emphasised on Monday that Britain will forge a bold worldwide role outside the European Union and that "Brexit is Brexit and we are going to make a success of it".

Philip Hammond has been appointed Chancellor of the Exchequer and former chancellor George Osborne has resigned from Government, Downing Street has announced.

Among other appointments, rising star Amber Rudd switched from the energy ministry to take May's old job as Home Secretary.

She is expected to quickly unveil a new Cabinet lineup, including a minister in charge of implementing Brexit, a British exit from the EU.

Cameron made a brief statement outside the prime minister's residence, his home for more than six years, accompanied by his wife Samantha and children Nancy, Elwen and Florence.

It's not been an easy journey and of course, we've not got every decision right.

After the fast-paced events of recent weeks, a day of political ritual saw David Cameron address lawmakers for the last time as prime minister, before tendering his resignation to Queen Elizabeth II, to make way for May, 59, who takes over at a time of flux and uncertainty not seen in decades. May met with Queen Elizabeth II, who invited her to form a new government.

Anne Perkinsdissects Theresa May's speech: What she said and what she meant. She campaigned to remain in the European Union but now ironically, top on the things-to-do list is Brexit.

Not all believe her.

European Union leaders, keen to move forward after the shock of "Brexit", want May to launch formal divorce proceedings as soon as possible to help resolve the uncertainty. But Tony Travers of the London School of Economics said May would likely not rush to trigger Article 50 of the European Union constitution, which starts a two-year countdown to a final exit. "What Theresa May needs to first do is bring economic stability." said Peter, a retired government employee. "I think she's a cautious person, and the British political establishment needs to come to terms with this massive decision".

Cameron, who will remain in parliament as MP for Witney, said he was "delighted" that the next prime minister would be a woman and a Conservative. "I was the future once".

In the morning, then-Prime Minister David Cameron stepped out on his way to a session of Prime Minister's Questions in Parliament, where he was joined by his wife and three children.

"Nothing is really impossible if you put your mind to it", Cameron said.

But, he pointed wistfully to the capricious winds of politics that had abruptly ended his career, saying, "I was the future once".

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