The United Kingdom will exit the European Union, as a majority of British voters chose “leave” over “remain” in the country’s EU referendum on Thursday, the BBC projected. The result plunges Britain into an uncertain future, with both serious and immediate political and economic ramifications.
The “leave” campaign took a surprising early lead hours after the polls closed, and edged further ahead as the counting continued. With “leave” leading, the British pound plummeted to the lowest in 31 years, the The Associated Press reported. U.S. financial markets were expected to open sharply lower.
“The dawn is breaking on an independent United Kingdom,” said Nigel Farage, the anti-EU leader of the U.K. Independence Party. “Let June 23 go down in our history as our independence day.” – READ MORE
