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Brexit: David Cameron’s legacy in tatters

After the failure of his high-stakes referendum gamble, David Cameron’s legacy as the Prime Minister who took Britain out of the European Union was sealed Friday with his resignation.

After the failure of his high-stakes referendum gamble, David Cameron’s legacy as the Prime Minister who took Britain out of the European Union was sealed Friday with his resignation.

Mr Cameron promised the referendum to try and unite his Conservative party but the result means Britain becomes the first country ever to leave the bloc and raises questions about the future unity of the United Kingdom.

In announcing his intention to quit, Cameron said he had put his “head, heart and soul” into the “Remain” campaign so had little option but to go after voters rejected EU membership by 52 per cent to 48 per cent.

As the referendum campaign took on an increasingly anti-establishment, anti-elite tone, the polished authority of Cameron, supported by big hitters from US President Barack Obama to the International Monetary Fund, struggled to cut through.

Financial Times commentator Janan Ganesh wrote that Cameron must now “prepare to be remembered for inadvertently presiding over the end of his country’s 43-year place in the European project — and for nothing else.”

The son of a stockbroker, Mr Cameron was educated at elite boarding school Eton and Oxford University, where he was admitted to the Bullingdon Club, a hard-drinking, socially exclusive student group.

He worked for the Conservatives as an advisor before a stint in public relations, which ended when he was elected to parliament in 2001.

Mr Cameron rose swiftly through the ranks of the party — which was then struggling badly against prime minister Tony Blair’s Labour government — and was elected leader in 2005 at the age of 39.

He tried to “detoxify” the party brand in part by avoiding discussion of the EU, which has split the Conservatives since Margaret Thatcher’s premiership in the 1980s.

At the 2010 general election, Mr Cameron became the youngest premier for 200 years but the centre-right Conservatives did not win enough seats to govern alone and had to form a coalition with the centrist Liberal Democrats. The coalition was dominated by spending cuts as Britain emerged from recession, while foreign policy debate was largely hijacked by Conservative wrangling over the EU. A previous risky referendum gamble paid off when Scotland voted to stay as part of Britain in 2014.

After five years in coalition, the Conservatives won a surprise clear majority in the May 2015 general election, allowing them to rule alone.

The win meant that the EU referendum — first promised by Mr Cameron in 2013 to placate his restive party, but which many in Westminster say he never believed would happen — became a reality.

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