UK broad-casters predict that Britain has voted to leave the 28-nation European Union in a historic referendum.
With 323 of 382 counting centers reporting results, the “leave” side is ahead by over 900,000 votes.
The British pound plunged to a 31-year low Friday as results in the country’s European Union referendum gave the “leave” side a small but growing lead.
The figures delivered a deep shock to financial markets, overturning earlier anticipation of a narrow victory for “remain.”
As results poured in, a picture emerged of a sharply divided nation: Strong pro-EU votes in the economic and cultural powerhouse of London and semi-autonomous Scotland were countered by sweeping anti-Establishment sentiment for an exit across the rest of England, from southern seaside towns to rust-belt former industrial powerhouses in the north.
Simon Danczuk, the Labour MP, tells the Telegraph in Manchester this morning that a vote Leave could see both David Cameron and Jeremy Corbyn losing their respective positions of leadership.
Asked if he thinks Cameron can stay on as Prime Minister, he says: “I think he’ll struggle actually- I think he’ll have to go.
“But there’s just a big a question over Jeremy’s leadership because part of the postmortem is doing to be about asking ‘why did we lose?’ A good proportion of the vote which should have kept us in should have been Labour voters which Jeremy failed to convert into Remainers.”