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Reuters: 'Explosive shock' as Britain votes to leave EU
18:29, 24 June 2016
Reuters: 'Explosive shock' as Britain votes to leave EU

Cameron quits

18:29, 24 June 2016

Reuters

Britain has voted to leave the European Union, forcing the resignation of Prime Minister David Cameron and dealing the biggest blow since World War Two to the European project of forging greater unity.

Global financial markets plunged on Friday as results from a referendum defied bookmakers' odds to show a 52-48 percent victory for the campaign to leave a bloc Britain joined more than 40 years ago.

The pound fell as much as 10 percent against the dollar to touch levels last seen in 1985, on fears the decision could hit investment in the world's fifth-largest economy, threaten London's role as a global financial capital and usher in months of political uncertainty. The euro slid 3 percent.

Read the full article: 'Explosive shock' as Britain votes to leave EU

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