BREAKING: David Cameron Steps Down Following UK Vote To Leave EU! #IndependenceDay

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NewsRescue
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David Cameron

NewsRescue

Following the 51.9% election victory that declared the United Kingdom exists the European Union, EU, British Prime minister David Cameron has stepped down.

While England voted overwhelmingly for Brexit, Scotland and Northern Ireland backed Remain.

Prime minister David Cameron announces resignation following UK vote to leave the EU.

“We should aim to have a new prime minister in place by the start of the Conservative Party conference in October,” David Cameron told media outside 10 Downing Street after the country votes to leave the European Union.”

European markets tumbled during opening trade, following the moves.

“The FTSE’s down around 8%, Germany’s Xetra DAX falls 8.6%, with similar declines seen on the Paris CAC 40.” according to CNN.

Soros Economic Prediction Countered

Financial gambler George Soros had predicted a fall in the British pound with a Brexit vote,

One of the City’s leading economists has countered George Soros’s prediction that a Brexit vote will lead to a damaging 20% fall in the value of the pound by saying that a depreciation would be good for the economy. Albert Edwards, global strategist at Société Générale, countered George Soros’s prediction by saying that a depreciation would be good for the economy.

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