Cameron to step down after Britain votes to leave EU; turbulence hits markets

Update: 8.30am: Britain will have a new Prime Minister “by October” after David Cameron announced he would step down in the wake of yesterday’s referendum vote.

Earlier: Prime Minister David Cameron’s wholly unnecessary gamble with the future of the nation blew up in his face as the “Leave” campaign won Thursday’s referendum 52% – 48% to reverse the decision Britain took in 1975 to join the Common Market.

 

 

 

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