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Asian Tribune is published by E-LANKA MEDIA(PVT)Ltd. Vol. 20 No. 83

Britain votes to leave EU in historic divorce

London, 24 June, (

Britain has voted to leave the European Union, results from Thursday's landmark referendum showed, - 52 % voted to Leave and 42 % voted to Remain - , an outcome that sets the country on an uncertain path and deals the largest setback to European efforts to forge greater unity since World War Two.

The vote will initiate at least two years of messy divorce proceedings with the EU, raise questions over London's role as a global financial capital and put huge pressure on Prime Minister David Cameron to resign, though he pledged during the campaign to stay on whatever the result.

The euro slumped around 3.5 percent against the dollar on concerns a ‘Brexit’ vote will do wider economic and political damage to what will become a 27-member union. Investors poured into safe haven assets including gold, and the yen surged.

Yet there was euphoria among Britain's eurosceptic forces, claiming a victory they styled as a protest against British political leaders, big business and foreign leaders including Barack Obama who had urged Britain to stay in the bloc.
"Dare to dream that the dawn is breaking on an independent United Kingdom," said Nigel Farage, leader of the eurosceptic UK Independence Party.

"If the predictions are right, this will be a victory for real people, a victory for ordinary people, a victory for decent people...Let June 23 go down in our history as our independence day."

He called the EU a "doomed project".

Asked if Cameron, who called the referendum in 2013 and campaigned to stay in the bloc, should resign if Britain voted for Brexit, Farage said that he believes David Cameron should stay on as Prime Minister and that European leaders will need to eat some "humble pie. The people who do need to eat humble pie are President Tusk, President Junker and Angela Merkel and a few of the others who weren't prepared to offer Great Britain what the really needed.”

He said: "If it wasn't for David Cameron we wouldn't of had this referendum. So thank you David. We on the Leave side have as much faith in this country as he did at the beginning of the campaign. I hope he will stay on as Prime Minister and just focus on what we need to do to quietly dismantle the machinery of the European Union so we can act as an independent country.”

"If I was them I would start to worry about what they need to do to keep Denmark, Holland and a number of other countries on board."

The United Kingdom now faces a threat to its survival, as Scotland voted 62 percent in favor of staying in the EU and is likely to press for a new referendum on whether to become independent after its 2014 vote to stay in the UK.

Scottish First Minister Nicola Sturgeon said Thursday's vote "makes clear that the people of Scotland see their future as part of the European Union."

Quitting the EU could cost Britain access to the EU's trade barrier-free single market and mean it must seek new trade accords with countries around the world. President Barack Obama says it would be at the "back of a queue" for a U.S. pact.

News Agencies

- Asian Tribune -

Nigel Evans MP
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