Nigel Farage has stood down as the leader of UKIP this morning (July 4), saying that he has "done his bit" following his win during the EU Referendum.

Nigel Farage

Nigel Farage

Speaking at a press conference, Farage explained: "I have decided to stand aside as Leader of UKIP. The victory for the 'Leave' side in the referendum means that my political ambition has been achieved.

"I came into this struggle from business because I wanted us to be a self-governing nation, not to become a career politician.

"UKIP is in a good position and will continue, with my full support to attract a significant vote. Whilst we will now leave the European Union the terms of our withdrawal are unclear. If there is too much backsliding by the Government and with the Labour Party detached from many of its voters then UKIP's best days may be yet to come."

He added that the 'Leave' campaign could never have worked without "the People's Army of UKIP", saying he couldn't "possibly achieve more than I managed to get in that referendum."

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