David Cameron announces resignation as UK votes to leave EU
The UK has voted to leave the European Union in a historic referendum that triggered the resignation of British Prime Minister David Cameron and wreaked havoc on global markets.
There was a mixture of jubilation and disbelief in the UK as people awoke Friday to the final verdict in the extremely close vote that deeply divided the nation.
Europe was plunged into uncertainty following the result, with calls for further referendums from emboldened far-right groups who see it as a boost for their anti-EU, anti-immigration policies.
It also reverberated across financial markets, with London’s FTSE 100 index plunging by more than 8% at the open on the heels of sharp losses in Asia.
Within hours of Thursday’s ballot outcome — 51.89% in favor of leaving the EU, with 48.11% against — Cameron delivered an emotionally charged statement outside the door of 10 Downing Street, announcing his intention to stand down.