Friday, June 24, 2016

Pound Falls to Three Decade Low as Britain Votes to Leave the EU

The pound fell to its lowest rate in 30 years as Britain voted on Thursday to leave the European Union. The result of the referendum which is seen as a massive blow on the European Union and united Europe since World World Two, shows a 51.7 percent of voters wanting out of the EU.

The pound fell to its lowest rate in 30 years as Britain voted on Thursday to leave the European Union. The result of the referendum which is seen as a massive blow on the European Union and united Europe since World World Two, shows a 51.7 percent of voters wanting out of the EU.

Results from much of the country was yet to be counted as at 4 a.m. local time. But the BBC reported that “leave” had taken an insurmountable lead amid stronger-than-expected margins for those advocating a British exit Gisela Stuart, Vote leave campaigner and Labour MP, has addressed Manchester Town Hall this morning. She says: “We have just taken control. 33 million people went to the ballot box and made a democratic decision. They reflected on our 40 year history and by a majority they have decided to leave. “I think that is democracy at work.”


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