As Johnson addressed Downing Street yesterday, he said: "I must tell you how sad I am to be leaving the best job in the world."

In a statement released Thursday, Boris Johnson announced his decision to step down as leader of the Conservative Party. He expressed regret at having to leave the best job in the world.

"Today is the last day for me to work at 10 Downing Street - the British Prime Minister's official residence," Johnson said to the nation outside the building.

As long as a new Conservative Party leader has not been elected by the time of the Conservative Party conference, Johnson, 58, will remain in charge.

The presidential candidate stated in his address that no one could be considered "remotely indispensable" in politics. Additionally, he pledged to give the new leader all the support he could.

In an address to the British public, Johnson thanked the Brits for the "incredible privilege" they had accorded him.

The latest in a series of scandals led to most of Johnson's allies abandoning him after days of fighting for his job.

As Johnson spoke at Downing Street's door, he acknowledged there was pain associated with not being able to see through so many ideas and projects.

"However, as Westminster showed, the herd instinct is powerful, and when the herd moves, it moves.."