Independence Party, Nigel Farage, resigned Monday as party leader, arguing that he’s achieved his political ambition of having Britain leave the European Union. Farage was instrumental in the campaign to have Britain leave the trading bloc, championing the issue of immigration. “The victory for the ‘leave’ side in the referendum means that my political ambition has been achieved,” Farage said. “Whilst we will now leave the European Union the terms of our withdrawal are unclear,” Farage said of his decision. A cut of about 5 percentage points brings Britain in line with Ireland’s 12.5 per cent rate.

Source: National Post July 04, 2016 12:22 UTC