“The British people voted for change last Thursday. They sent us a clear instruction that they want Britain to leave the European Union and end the supremacy of EU law. They told us to restore democratic control of immigration policy and to spend their money on national priorities such as health, education and science instead of giving it to Brussels. They rejected politics as usual and government as usual. They want and need a new approach to running this country.
There are huge challenges ahead for this country but also huge opportunities. We can make this country stronger and fairer. We have a unique chance to heal divisions, give everyone a stake in the future and set an example as the most creative, innovative and progressive country in the world.
If we are to make the most of the opportunities ahead we need a bold break with the past.
I have repeatedly said that I do not want to be Prime Minister. That has always been my view. But events since last Thursday have weighed heavily with me.
I respect and admire all the candidates running for the leadership. In particular, I wanted to help build a team behind Boris Johnson so that a politician who argued for leaving the European Union could lead us to a better future.
But I have come, reluctantly, to the conclusion that Boris cannot provide the leadership or build the team for the task ahead.
I have, therefore, decided to put my name forward for the leadership. I want there to be an open and positive debate about the path the country will now take. Whatever the verdict of that debate I will respect it. In the next few days I will lay out my plan for the United Kingdom which I hope can provide unity and change.”