David Cameron stands down as British Prime Minister after voters trigger a political earthquake – and global market panic – by backing vote to leave the European Union in historic referendum
Prime Minister David Cameron has quit but said he would stay on for three months following the EU referendum
It is the first time in the European Union’s 59-year history that any of the 28 member states have requested to leave
Bank of England governor moved to reassure markets after pound slumped to a 31-year low against the dollar
Donald Trump arrived in Scotland and said it was ‘fantastic’ that the British had ‘taken back their country’
Ukip leader Nigel Farage hailed it as a ‘victory for real people’ and called it Britain’s ‘Independence Day’
Wall St plunged more than 500 points and the Dow Jones Industrial Average went into the red after the opening bell
New York-born Boris Johnson, former Mayor of London, is hot favorite to take over from Cameron as prime minister
Scotland, which voted overwhelmingly to stay in, is expected to now demand another independence referendum
Irish nationalists Sinn Fein, who want to join the Republic, are also calling for a referendum in Northern Ireland
By Mia De Graaf and Jenny Stanton
Dailymail.com
24 June 2016
British Prime Minister David Cameron has said he will resign as prime minister after Britain voted to leave the European Union.
Mr Cameron tried to reassure businesses around the world that Britain’s economy was fundamentally sound, but world markets were thrown into turmoil on Friday after the final vote was announced.
Presumptive Republican nominee Donald Trump arrived in Scotland on Friday morning and said the British people had ‘taken back their country’, adding: ‘It’s a fantastic thing.’
Later, when asked his opinion on Cameron quitting, Trump said: ‘Well, that’s too bad.’
But Britain’s former Prime Minister Tony Blair said Brexit would have ‘enormous consequences’ and it was ‘very sad for our country, for Europe, for the world’.
Mr Cameron said he would stay on for three months and New York-born Boris Johnson, the former Mayor of London who led the ‘leave’ campaign, is the hot favorite to replace him.
Mr Johnson started to set out his vision for a revitalized, outward looking country in a speech just hours after his long-time rival tearfully declared that he would stand aside.
The Rest…HERE
