David Cameron rules out third term as Prime Minister
David Cameron has ruled out a third term as Prime Minister if he remains in 10 Downing Street after the May 7 General Election.
Mr Cameron said he intends to serve a full second term - which could last until 2020 - if elected, but added: "Terms are like Shredded Wheat - two are wonderful but three might just be too many."
He named three of his senior colleagues - Home Secretary Theresa May, Chancellor George Osborne and London Mayor Boris Johnson - as possible replacements as Conservative leader when he stands down.
Although Mr Cameron had made clear he would not serve a full third term, no decision had been made on whether he would fight another election.