UK votes to leave EU in historic referendum

    UK votes to leave EU in historic referendum

    June 24, London: The UK has voted by 52 percent to 48 percent 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 remaining vote has been undermined by poor results in the north of England, BBC reported.

    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 percent within moments of the first result showing a strong result for Leave in Sunderland and fell as much as 6.5 percent 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".

    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", according to BBC reports.

    The Oslo Times Intetnational News Network


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