Tears, fears and a resignation as Britain exits EU

As over 52 per cent of Britons voted to leave the European Union. British Prime Minister David Cameron, who had campaigned against the Brexit, announced his resignation on Friday following the ‘Leave’ vote even as he promised to try to “steady the ship” before he formally steps down in October. Following the vote, the Pound sterling crashed to a 31-year low as the KSE-100 index fell 2 per cent on the back of volatility in international currency markets. The UK now has two years to negotiate terms of exit from the bloc.

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