Friday, November 22

Breaking News: David Cameron Tenders Resignation as British Prime Minister after 17.5M vote to Exit EU

British prime minister Mr. David Cameron has offered to step down as prime minister after the majority of voters decided in a referendum held on

Thursday, decided to leave the European Union (EU).

Mr. Cameron speaking this morning said he has met with the Queen Elizabeth (II) and hope to help in negotiating the details that will lead to final exit from EU.

About 17.5 million voters, gave the majority decision to leave the EU. While  16 million voted to remain.

Mr. Cameron said he loves the country and was happy to have served it.

While making the offer that he and others on the losing side, will join hands with the winning majority for a smooth exit from the Continental body. At least about five (5) banks across the United Kingdom have recorded revenue loss of about 21% in the referendum.

British Pounds Sterling has lost serious value, unprecedented in 30 years. However, the Apex Bank of England has assured that measures are in place to mitigate the possible short to the financial system.

There are reverberations to developing situations in major financial capital of the world. 

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