London, June 28: British Prime Minister David Cameron is heading to Brussels on Tuesday to handle a summit on why the UK voted to go away the European Union (EU) because of a historic referendum held final week.

Cameron will meet the European Fee President, Jean-Claude Juncker, and the European Council President, Donald Tusk, earlier than a working dinner together with his counterparts from the 27 different member states, at which the decision within the referendum would be the solely item on the agenda, The Guardian reported.

Nonetheless, he won’t attend talks between the leaders of the opposite 27 EU member states at breakfast on Wednesday.

The credit score rankings company Standard and Poor’s introduced on Monday night time that it was stripping Britain of its prized AAA credit standing, underlining the dangers which will lie forward.

Cameron is standing down after final week’s referendum went in opposition to him. The prime minister campaigned for the UK to stay a member however has insisted that the outcome should be accepted.

Conservative MPs have introduced that it could fast-track the method of changing the prime minister towards the backdrop of turmoil in monetary markets.

Candidates hoping to succeed Cameron will probably be jockeying for place – with former London Mayor Boris Johnson and Residence Secretary Theresa May broadly seen as front runners – with nominations for the Conservative social gathering management race set to open on Tuesday.

Talking on Monday, he mentioned a particular unit inside authorities was being set as much as lay the preliminary groundwork for leaving the EU.