Friday, June 24, 2016

UK's Out!

From the BBC:
"EU referendum: BBC forecasts UK vote to leave"

The UK has voted by 52% to 48% to leave the European Union after 43 years in an historic referendum, a BBC forecast suggests. London and Scotland voted strongly to stay in the EU but the remain vote has been undermined by poor results in the north of England. Voters in Wales and the English shires have backed Brexit in large numbers. The pound fell to its lowest level against the dollar since 1985 as the markets reacted to the results.  Referendum turnout was higher than at last year's general election. Labour's Shadow chancellor John McDonnell said the Bank of England may have to intervene to shore up the pound, which lost 3% within moments of the first result showing a strong result for Leave in Sunderland and fell as much as 6.5% against the euro. UKIP leader Nigel Farage - who has campaigned for the past 20 years for Britain to leave the EU - told supporters "this will be a victory for ordinary people, for decent people". Mr Farage - who predicted a Remain win at the start of the night after polls suggested that would happen - said Thursday, 23 June would "go down in history as our independence day". He called on Prime Minister David Cameron, who called the referendum but campaigned passionately for a Remain vote, to quit "immediately". A Labour source said: "If we vote to leave, Cameron should seriously consider his position." But pro-Leave Conservatives including Boris Johnson and Michael Gove have signed a letter to Mr Cameron urging him to stay on whatever the result. Labour former Europe Minister Keith Vaz told the BBC the British people had voted with their "emotions" and rejected the advice of experts who had warned about economic impacting of leaving the EU. He added: "It will be catastrophic for our country, for the rest of Europe and for the rest of the world."


^  UK to EU: "So long, farewell, Auf Weidersehen, goodbye!"  The UK was never fully invested in the European Community or the European Union despite being part of it for over 40 years. They always took the opt-outs given to them. Now they have opted-out of the whole EU. It will be interesting to see what happens next both within the UK and the EU and if any other EU countries now decide to leave. I called it  (the beginning of the end) with the EU bailouts and the migrant issue and now it's happening. ^


http://www.bbc.com/news/uk-politics-36615028

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