David Cameron will run for Parliament again in 2020 after stepping down as Prime Minister

He intends to keep his seat as the Conservative MP for Witney

The Prime Minister previously vowed not to seek to extend his term as Tory leader (AFP)

David Cameron has announced that he plans to remain in Parliament after standing down as Prime Minister.

He will run in the 2020 election to keep his seat as the Conservative MP for Witney, he said today.

“I love being MP for Witney and am very keen to continue. I draw huge strength from being a Member of Parliament in Oxfordshire," he told BBC Oxford.

Mr Cameron previously said that his second term in Number 10 would be his last and he will not attempt to lead the Conservatives after the next election.

The Prime Minister once compared terms to Shredded Wheat breakfast cereal, quipping: “Two are wonderful but three might just be too many.”

He has represented his constituency, which houses affluent Cotswold towns including Chipping Norton, since 2001 and was re-elected last year with a majority of 25,155.

Theresa May, the Home Secretary, Chancellor George Osborne and Boris Johnson, the Eurosceptic Mayor of London and Tory MP, are among those tipped run as Conservative leader.

Division within the party has come under scrutiny since the launch of the EU referendum campaign, with Mr Cameron’s position to stay in the union opposed by Michael Gove, Mr Johnson and other prominent MPs.

Additional reporting by PA