David
Cameron has resigned as Prime Minister after Britain voted to leave theEuropean Union.
It followed
a turbulent night with Remain campaigners quietly confident until the early
hours when results from Newcastle and Sunderland showed better than expected
returns for the Brexit camp.
A surprise
victory for a Brexit in Swansea, which was expected to vote to Remain, did
little to dampen concerns despite Scotland overwhelmingly backing staying in
the Union.
Other votes
in Wales began to show a trend towards a surprise Leave vote, particularly in
deprived communities.
Big wins for
David Cameron's campaign in London and Oxford did little to allay fears that
early predictions had been wrong, as the pound began to tank - down by 6% by
around 1pm.
Leave passed
the finishing post just after 6am, as it became clear that nothing could swing
the vote back in favour of the Remain campaign.
With the
Leave campaign securing 52 per cent of the vote, Mr Cameron addressed the
nation in an emotional speech outside 10 Downing Street to announce that he
would be stepping down.
Statements
are expected to be made by Sinn Fein and the SNP later today calling for a
breakaway from the Union. London backed Remain but the turnout was lower than
expected because of bad weather.
Meanwhile on
the market, the FTSE 250 index has plunged a whopping 11.7pc. The index of
so-called mid-cap companies had dropped an astonishing 2,017 points to 15,309
in the first few minutes of trading.
Continue here
0 Comments