:00:00. > :00:07.Tonight at Ten, we're at Westminster, where David Cameron
:00:08. > :00:09.has told MPs that leaving the EU will be difficult,
:00:10. > :00:13.but the referendum result has to be accepted.
:00:14. > :00:15.It was his first address to Parliament since
:00:16. > :00:22.He said the UK's attitude to the wider world would not change.
:00:23. > :00:24.As we proceed with implementing this decision, and facing the challenges
:00:25. > :00:28.that it will undoubtedly bring, I believe we should hold fast
:00:29. > :00:31.to a vision of Britain that wants to be respected abroad,
:00:32. > :00:37.tolerant at home, engaged in the world.
:00:38. > :00:40.On the financial markets, the pound fell to a 31-year
:00:41. > :00:43.low against the dollar, despite the Chancellor's efforts
:00:44. > :00:49.It will not be plain sailing in the days ahead.
:00:50. > :00:53.But let me be clear - you should not underestimate our resolve.
:00:54. > :00:56.We'll have the latest on the fall-out from the referendum,
:00:57. > :00:59.as police chiefs say there's been a rise in reports of hate
:01:00. > :01:07.A turbulent day for Labour - Jeremy Corbyn stands firm
:01:08. > :01:12.despite dozens of frontbenchers rejecting his leadership.
:01:13. > :01:17.Don't let those people who wish us ill divide us.
:01:18. > :01:20.Stay together, strong and united for the kind of world
:01:21. > :01:30.Iceland have turned it round to lead!
:01:31. > :01:32.Heartbeak for England Roy Hodgson's men are beaten by tiny
:01:33. > :01:40.Coming up in Sportsday on BBC News: We will have reaction to England's
:01:41. > :01:43.last 16 match against Iceland, including the thoughts
:01:44. > :02:09.Good evening from Westminster, where the Prime Minister has
:02:10. > :02:13.addressed Parliament for the first time since last week's referendum.
:02:14. > :02:17.David Cameron told MPs that leaving the European Union would be
:02:18. > :02:20.difficult, but the voters' verdict had to be accepted and the process
:02:21. > :02:24.of implementing the decision had to begin.
:02:25. > :02:26.Mr Cameron stressed the need to bring the country together -
:02:27. > :02:29.and he promised that police would have the resources to deal
:02:30. > :02:34.with a rise in hate crime being reported since the referendum.
:02:35. > :02:38.Our first report tonight is by our political editor, Laura Kuenssberg.
:02:39. > :02:40.REPORTER: Any regrets, Prime Minister?
:02:41. > :02:47.After a referendum he never thought he'd lose, on the way to give
:02:48. > :02:52.a statement he never thought he'd have to make.
:02:53. > :02:55.David Cameron will not make many more journeys like this
:02:56. > :03:06.One of his last statements coincided with the first day of a Labour MP.
:03:07. > :03:09.And with that party in total turmoil, the PM -
:03:10. > :03:12.although he's lost - couldn't resist a gag.
:03:13. > :03:16.Let me welcome the new member for Tooting to her place.
:03:17. > :03:18.I'd advise her to keep her mobile phone on.
:03:19. > :03:25.She might be in the Shadow Cabinet by the end of the day!
:03:26. > :03:30.And I thought I was having a bad day!
:03:31. > :03:33.But what has happened really isn't a laughing matter.
:03:34. > :03:36.The British people have voted to leave the European Union.
:03:37. > :03:39.It wasn't the result I wanted, nor the outcome I thought was best
:03:40. > :03:43.There can be no doubt about the result.
:03:44. > :03:46.I don't take back what I said about the risks.
:03:47. > :03:50.It is going to be difficult, but I am clear that the decision
:03:51. > :03:53.must be accepted and the process of implementing the decision
:03:54. > :03:57.in the best possible way must now begin.
:03:58. > :04:00.But formal talks will only start once he's been replaced.
:04:01. > :04:04.He condemned an apparent rise in racist abuse since the result,
:04:05. > :04:09.and urged the country to come together after this bitter campaign.
:04:10. > :04:13.We should hold fast to a vision of Britain that wants
:04:14. > :04:15.to be respected abroad, tolerant at home, engaged
:04:16. > :04:17.in the world and working with our international partners
:04:18. > :04:20.to advance the security and prosperity of our
:04:21. > :04:25.I have fought for these things all my political life
:04:26. > :04:32.I commend this statement to the House.
:04:33. > :04:34.But the Labour leader, under huge pressure himself,
:04:35. > :04:40.It is the issue of trust and the tenor in the referendum
:04:41. > :04:48.Many of which key Leave figures spent the weekend
:04:49. > :04:54.And with Scotland having chosen to stay in, the SNP warned
:04:55. > :04:59.they will not put up with the result.
:05:00. > :05:05.If that means we have to have an independence referendum
:05:06. > :05:10.to protect Scotland's place, then so be it.
:05:11. > :05:17.There was some parading of the victory, but concern too.
:05:18. > :05:21.Voters of the United Kingdom have demonstrated the value
:05:22. > :05:25.of that great principle, the principle of democracy
:05:26. > :05:33.He is leaving a dangerous political vacuum.
:05:34. > :05:36.Can I urge him to look at much broader arrangements
:05:37. > :05:42.The referendum has changed everything for the Tories.
:05:43. > :05:46.Once the heir apparent, but George Osborne almost seemed
:05:47. > :05:49.to find it hard to meet the eye this morning.
:05:50. > :05:52.I fully accept the result of the referendum and will do
:05:53. > :05:56.everything I can to make it work for Britain.
:05:57. > :05:59.There have been questions about the future of the Conservative Party
:06:00. > :06:03.and I will address my role within that in the coming days.
:06:04. > :06:06.The Commons wasn't much of a guide to what will happen next,
:06:07. > :06:09.because it will be the next Prime Minister's priorities
:06:10. > :06:16.The Tories must now decide who will make it to Number 10.
:06:17. > :06:20.Could this relatively new face, Stephen Crabb, be the one?
:06:21. > :06:23.This isn't just about party unity, it is about national unity.
:06:24. > :06:32.The Home Secretary is almost just as certain to want this
:06:33. > :06:37.One of those who persuaded you to choose Out will not run.
:06:38. > :06:43.Boris Johnson, right now the favourite.
:06:44. > :06:48.It's quite clear Project Fear is over.
:06:49. > :06:52.But Project We're Not Quite Sure What Next is under way.
:06:53. > :06:55.The future Tory leader, the next Prime Minister,
:06:56. > :07:03.Who that will be is strangely not the biggest question that we face.
:07:04. > :07:07.Laura Kuenssberg, BBC News, Westminster.
:07:08. > :07:10.Despite an attempt by the Chancellor to reassure the financial markets
:07:11. > :07:13.in the wake of the referendum, sterling dropped to its lowest
:07:14. > :07:15.level against the dollar for more than 30 years.
:07:16. > :07:20.And the UK has lost its top AAA credit rating from the ratings
:07:21. > :07:23.agency S, which said the referendum result could lead
:07:24. > :07:26.to a deterioration of the UK's economic performance.
:07:27. > :07:29.But George Osborne insisted that the UK was ready to face
:07:30. > :07:33.the future from a position of strength - and that there were
:07:34. > :07:36.Our economics editor, Kamal Ahmed, has been
:07:37. > :07:48.The Chancellor emerged after three days of silence to insist it wasn't
:07:49. > :07:52.a told you so moment. It was a time for reassurance. George Osborne said
:07:53. > :07:56.the UK economy was strong and that with the pound falling and share
:07:57. > :08:01.prices tumbling, the Government was ready to do whatever it takes to
:08:02. > :08:07.stabilise the markets. It will not be plain sailing in the days ahead.
:08:08. > :08:14.But let me be clear. You should not underestimate our resolve. We were
:08:15. > :08:20.prepared for the unexpected. Surely this was the man who was predicting
:08:21. > :08:24.economic chaos, who said Britain would need an emergency Budget,
:08:25. > :08:29.plans which have been shelved. Can you tell us a bit about your
:08:30. > :08:34.position? Did you consider resigning? If not, why not? First of
:08:35. > :08:39.all, I have a very important job to do, which is, as Chancellor, to
:08:40. > :08:43.speak to international investors, to speak to my counterparts, to do what
:08:44. > :08:47.I can to stabilise the British economy. That is what people would
:08:48. > :08:51.expect of their Chancellor and that is what I am 100% focussed on and
:08:52. > :08:58.will continue to be focussed on. It has been another day of turmoil as
:08:59. > :09:05.fears of Brexit seised the markets. The pound sank by 3.4% to $1.32, its
:09:06. > :09:12.lowest for 30 years. That is good for exports, bad for holiday-makers
:09:13. > :09:20.and inflation as imports become more costly. The FTSE 250 Index fell.
:09:21. > :09:27.Just look at the value of those banking stocks. RBS, which we still
:09:28. > :09:32.own a chunk of, down 15% and Barclays down 18%. These share
:09:33. > :09:37.prices are seen as a bellwether of the state of the economy. And
:09:38. > :09:43.tonight, more concern for the City as one of the world's leading credit
:09:44. > :09:48.agencies downgraded its rating of the UK's governance and economic
:09:49. > :09:52.performance. It is now much harder to foresee how would governments
:09:53. > :09:57.react to certain financial stresses so we reassessed our view of the
:09:58. > :10:03.institutional capacity of the UK Government to react to financial
:10:04. > :10:07.crisis if and when they arise. There are different ways to write this
:10:08. > :10:15.story, and here is one man who feels more positive, Lord Mervyn King. He
:10:16. > :10:20.said warnings of gloom had been overdone. Markets move up. Markets
:10:21. > :10:24.move down. We don't know where they will find their level. The whole
:10:25. > :10:27.aspect of volatility is there is a trial and error process going on
:10:28. > :10:31.before markets discover what the right level of stock markets and
:10:32. > :10:38.exchange rates are. So, what we need is a bit of calm now. There is no
:10:39. > :10:41.reason for any of us to panic. Investors are watching the
:10:42. > :10:45.Chancellor closely. Looking for signs that someone somewhere has a
:10:46. > :10:49.plan. Tomorrow, business leaders are set to express their concerns.
:10:50. > :10:53.Tensions in the market are not going anywhere soon.
:10:54. > :10:56.Labour MPs are to hold a secret ballot tomorrow on a motion of no
:10:57. > :10:59.confidence in their leader, Jeremy Corbyn.
:11:00. > :11:02.He's now lost the support of almost 40 members of his senior team -
:11:03. > :11:05.who've resigned their positions, saying they don't believe he can
:11:06. > :11:08.And he was accused by the former Labour minister,
:11:09. > :11:12.Alan Johnson, of working against the Remain campaign.
:11:13. > :11:15.Mr Corbyn has let it be known that he will stay in the job,
:11:16. > :11:19.as our deputy political editor, John Pienaar, reports.
:11:20. > :11:27.They do, his army of followers, as hostile to most Labour
:11:28. > :11:31.Spear carriers in the Civil War he is now determined to
:11:32. > :11:36.Don't let those people who wish us ill
:11:37. > :11:39.divide us, stay together strong and united for the kind
:11:40. > :11:45.Today, today, most of his Shadow Cabinet team voted with their feet.
:11:46. > :11:50.Some fear this could split Labour for good,
:11:51. > :11:54.including one tipped as a leadership contender, although she's not
:11:55. > :11:58.Look, I don't think today is about any potential future
:11:59. > :12:02.I think Jeremy, really in the best interests of the
:12:03. > :12:06.We don't serve our party war the interests of
:12:07. > :12:09.some of the poorest people in our country and in our local communities
:12:10. > :12:15.by being a Labour Party that can't win an election.
:12:16. > :12:22.I feel that I've served in the best way I
:12:23. > :12:35.Rising stars, previously loyal, have risen in revolt too.
:12:36. > :12:36.I think we need to go and have the leadership
:12:37. > :12:38.election that has now become inevitable, that none of us wanted
:12:39. > :12:42.and frankly in my view we shouldn't be having.
:12:43. > :12:45.I think we need to use this time to unite and to look
:12:46. > :12:50.I think the only place that I can realistically
:12:51. > :12:54.do that from is from the backbenches.
:12:55. > :12:56.It feels that the collision between the people who are
:12:57. > :13:01.seeking to get rid of Jeremy Corbyn and the people who are trying to
:13:02. > :13:04.stick in there in Jeremy Corbyn's team, risks breaking the Labour
:13:05. > :13:10.If the Labour family does break up, some on the leader's side
:13:11. > :13:12.are saying good riddance to the rebels.
:13:13. > :13:18.Our country is divided and the country will thank neither the
:13:19. > :13:22.benches in front of me, nor those behind, for indulging in internal
:13:23. > :13:31.The bitter blame game just gets worse.
:13:32. > :13:34.Alan Johnson, who campaigned for a vote to stay in the EU, has
:13:35. > :13:39.now accused his leader of failing to help the Remainers nearly enough.
:13:40. > :13:41.He's even claimed it felt as if Team Corbyn
:13:42. > :13:48.After a bruising private meeting with Jeremy Corbyn,
:13:49. > :13:50.Labour MPs have agreed to hold a vote of no confidence, which he
:13:51. > :13:54.A leadership challenge seems inevitable.
:13:55. > :13:56.But his most loyal supporters here in Parliament Square
:13:57. > :14:02.And as one member of Team Corbyn put it, the rebel MPs could see their
:14:03. > :14:05.worst nightmares come true - more powerful ordinary
:14:06. > :14:07.members, rebel MPs sacked as Parliamentary candidates.
:14:08. > :14:13.What's at stake - Labour's identity at a defining moment for the party.
:14:14. > :14:19.Germany's Chancellor Merkel says there can be no question of any
:14:20. > :14:23.informal talks on Britain's path out of the EU until it triggers Article
:14:24. > :14:28.50 of the Treaty of Lisbon, the formal mechanism for delivering
:14:29. > :14:32.And she said that the UK might need a certain amount of time
:14:33. > :14:36.EU leaders will hold a summit meeting tomorrow.
:14:37. > :14:41.Our Europe editor, Katya Adler, reports from Berlin.
:14:42. > :14:47.The weight of recent European history hangs heavy in Berlin.
:14:48. > :14:52.Reminders wherever you look of two World Wars, a brutal cold one,
:14:53. > :14:56.and a pledge never again, thanks in large part
:14:57. > :15:01.It's because of its turbulent recent history that Germany has
:15:02. > :15:06.been a passionate member of the EU from the start.
:15:07. > :15:10.For Germany and many other countries, peace,
:15:11. > :15:14.security and weighty symbolism go to the heart
:15:15. > :15:23.Berlin, along with the rest of Europe, went into a spin
:15:24. > :15:26.on Friday after the UK voted to leave.
:15:27. > :15:29.There were talks other EU countries could follow
:15:30. > :15:36.Damage limitation was Angela Merkel's priority number one.
:15:37. > :15:41.So the French and Italian leaders came to town.
:15:42. > :15:44.A united front to say, sad though it was, Britain should
:15:45. > :15:48.start talks to go as soon as possible.
:15:49. > :15:50.TRANSLATION: We can't wait endlessly.
:15:51. > :15:54.She added, while they were waiting there would be no informal
:15:55. > :15:58.talks with Britain about a future trade agreement.
:15:59. > :16:00.The French President warned of economic and political
:16:01. > :16:03.consequences if the UK drags its feet.
:16:04. > :16:13.Europe is a project that has to continue, even if it needs
:16:14. > :16:17.The meeting here in Berlin today, between the leaders of Germany,
:16:18. > :16:21.France and Italy was as much about image as content.
:16:22. > :16:25.The photo-op an intentional signal that at its core the EU remains
:16:26. > :16:30.united in purpose and unflustered by the British vote.
:16:31. > :16:40.The US Secretary of State flew to Brussels and London today.
:16:41. > :16:44.I personally will regret that Britain is not going to be at that
:16:45. > :16:49.table when there is a US-EU dialogue, but I have no doubt that
:16:50. > :16:52.Britain is going to be weighing in with us and critically involved
:16:53. > :17:03.So, all aboard for a new EU and a UK that stands outside it,
:17:04. > :17:16.with a warning - exact course, as yet, unknown.
:17:17. > :17:22.Of course, all eyes now turn to Brussels. David Cameron will be
:17:23. > :17:26.there tomorrow at a meeting of EU leaders. They will want to know all
:17:27. > :17:31.sorts of details and deadlines and answers from him that he's not in a
:17:32. > :17:35.position to give. The UK has voted out. The EU wants to get on with it.
:17:36. > :17:40.No-one's quite sure how this goes on for the moment. They are joined,
:17:41. > :17:46.however, uncomfortably and awkwardly.
:17:47. > :17:50.Our political editor, Laura Kuenssberg, is with me,
:17:51. > :17:52.as is our economics editor, Kamal Ahmed.
:17:53. > :17:57.Kamal Ahmed, a question lots of viewers have been asking during the
:17:58. > :18:01.day, are we heading for some kind of economic crisis? There is a sense
:18:02. > :18:05.among investors, the people who put the money into British businesses
:18:06. > :18:11.that create the jobs, that the politicians are fiddling while the
:18:12. > :18:14.markets burn. Just as you say, how significant is this and could it
:18:15. > :18:19.lead to a full-blown economic crisis, a real meltdown in the
:18:20. > :18:23.markets? It is significant, let's but historical context behind the
:18:24. > :18:28.market figures today, a 7% fall in the markets is greater than the fall
:18:29. > :18:33.in 2008, the financial crisis. It is greater than the fall in 1992, the
:18:34. > :18:37.exchange rate mechanism crisis when Britain was ejected from the
:18:38. > :18:41.forerunner to the civil currency. You have to go back to 1987 to find
:18:42. > :18:44.falls of this magnitude, that was the year we had the Hurricane Marie
:18:45. > :18:49.which more or less brought the British economy to a halt.
:18:50. > :18:52.Definitely significant, and on the global stock markets there has been
:18:53. > :18:57.a full, so this is affecting world confidence. But, I spoke to the SNP
:18:58. > :19:01.tonight -- Standard Poor's command they don't believe there will be a
:19:02. > :19:05.recession despite some saying there could be. Why is that? We have
:19:06. > :19:11.learnt the lessons of 2008, the Bank of England, the Treasury no more
:19:12. > :19:15.than they did more than they did in 2008, how to fix crises and they say
:19:16. > :19:20.money will be available and the banks will be supported. Final
:19:21. > :19:24.point, uncertainty is stalking the markets, there is the uncertainty of
:19:25. > :19:27.Britain in the European Union, that relationship, the uncertainty of who
:19:28. > :19:32.is the next Prime Minister and what are the economic policies going to
:19:33. > :19:37.be. And the uncertainty of, will we have a General Election? The one
:19:38. > :19:39.thing the markets hate is uncertainty. Let's talk about the
:19:40. > :19:43.statement in the house today, the Prime Minister focusing on the
:19:44. > :19:48.Brexit circumstances. To what extent is it fair to say the party is more
:19:49. > :19:54.focused on the leadership crisis? I'm afraid they are, Westminster is
:19:55. > :19:57.captured by this post referendum how all round, and the Chancellor and
:19:58. > :20:00.Prime Minister sought to calm nerves today but there isn't much in terms
:20:01. > :20:03.of clear leadership coming out from them and low and behold guess what,
:20:04. > :20:08.politicians are focusing on the next person who is going to be the boss.
:20:09. > :20:11.In the Tory party is night, I can tell you Jeremy Hunt, the Health
:20:12. > :20:14.Secretary, is Dummett is considering whether to put himself forward as a
:20:15. > :20:19.candidate and has a big piece in the Daily Telegraph tomorrow outlining
:20:20. > :20:23.his ideas. The front runners are Boris Johnson and to Reza made, the
:20:24. > :20:29.Home Secretary. This is already a tense race and people are vying
:20:30. > :20:32.internally. Some MPs have started complaining because they feel that
:20:33. > :20:38.government whips are trying to influence them to back Theresa May,
:20:39. > :20:43.not Oris Johnson. -- Theresa May. Already bad tempers already the Mac
:20:44. > :20:49.a few days into this race. Talking about this, Labour and Jeremy Corbyn
:20:50. > :20:52.have their own challenges. In Westminster we saw astonishing
:20:53. > :20:55.evidence of the division, up in Parliament Square, 1000 or so
:20:56. > :20:59.demonstrators, we are not sure of the number, in defiance of Mr
:21:00. > :21:04.Corbyn, he spoke, John McDonnell, the Shadow Chancellor spoke while
:21:05. > :21:09.inside Labour MPs furiously, one after the other, some in anger and
:21:10. > :21:13.some in sorrow calling for Mr Corbyn to go, saying that his time is up. I
:21:14. > :21:16.expect there will be more resignations from the Labour front
:21:17. > :21:20.bench tomorrow and also maybe voices coming out from around the country,
:21:21. > :21:25.saying that it really is time for him to go. Jeremy Corbyn and his
:21:26. > :21:29.team say he is absolutely not going anywhere, but I suspect tomorrow we
:21:30. > :21:32.might start to see the fraying of the support he's had amongst the
:21:33. > :21:36.membership and it's the support amongst the membership that got him
:21:37. > :21:40.there. That's what he believes will keep him in a job. It's likely by
:21:41. > :21:45.this time tomorrow night we might be in a full on leadership contest for
:21:46. > :21:49.Labour too. 1-party searching for a new leader and the other party with
:21:50. > :21:52.a leader whose authority has gone missing. We will talk more later,
:21:53. > :21:54.thank you, Laura Kuenssberg and Kamal Ahmed.
:21:55. > :22:02.That seems like a good time to look at the rest of the day's News. The
:22:03. > :22:04.England manager Roy Hodgson has resigned in the last few minutes
:22:05. > :22:10.after England suffered a human dating defeat to Iceland at the Euro
:22:11. > :22:12.2016 Championships. Dan Roan watch the 2-1 loss and just sent this
:22:13. > :22:21.report. Enjoying it while they can, Nice
:22:22. > :22:24.hadn't been on England's original itinerary but after coming second in
:22:25. > :22:31.the group the French Riviera backend. Aspar to see the type
:22:32. > :22:34.normally dot-mac finally turned. While England are normally
:22:35. > :22:37.underachievers, their opponents are the polar opposite, Iceland's
:22:38. > :22:41.success is the biggest surprise of a tournament that has had plenty, but
:22:42. > :22:44.against a team that has Dummett was playing in their first major
:22:45. > :22:48.tournament England new defeat would be on thinkable. Raheem Sterling had
:22:49. > :22:51.been recalled, and here was why, his pace immediately earned his side a
:22:52. > :22:56.penalty, Wayne Rooney giving England the start they craved. But if that
:22:57. > :23:01.was the cue for Iceland to roll over they had other ideas. Within 60
:23:02. > :23:04.seconds, Ragnar Sigurdsson left unmarked and punishing sloppy
:23:05. > :23:09.defending. Minutes later, it got even worse for England, good
:23:10. > :23:13.build-up play giving Sigthorsson the opening, that surely Joe Hart should
:23:14. > :23:17.have done better with. Not for the first time this tournament England's
:23:18. > :23:22.number one at faults, 2-1 down and barely able to believe what was
:23:23. > :23:25.happening. England have time to rescue themselves but they knew the
:23:26. > :23:30.onus was on them to attack. Instead it was Iceland are looking more
:23:31. > :23:33.likely to score, Hart this time making the save and preventing the
:23:34. > :23:37.crisis from worsening. A pattern all too familiar this tournament was
:23:38. > :23:42.developing, England unable to convert possession into goals.
:23:43. > :23:46.Substitute Jack Wilshere's effort showing their lack of ideas as they
:23:47. > :23:50.failed to trouble the Icelandic defence living up to its billing.
:23:51. > :23:52.They were desperate but when chances came they were squandered, Harry
:23:53. > :23:58.Kane with the best of them and England on the brink of. Only Hart
:23:59. > :24:01.spread more humiliation saving well from Aron Gunnarsson. England tried
:24:02. > :24:08.to spare themselves, but time had run out, the shambles was complete.
:24:09. > :24:12.Iceland's remarkable and historic win fully deserved. But England's
:24:13. > :24:17.reputation has been damaged tonight, possibly beyond repair, and manager
:24:18. > :24:21.Roy Hodgson will pay with his job. Out of another tournament, but in a
:24:22. > :24:23.way few had thought possible. This defeat is arguably the worst they
:24:24. > :24:31.have ever had. Possibly the greatest calamity in
:24:32. > :24:35.English football history, two years ago I watched England get knocked
:24:36. > :24:38.out of the World Cup in Brazil in five days flat and thought it
:24:39. > :24:44.couldn't get any worse. I was wrong. People talk about the 1950 World Cup
:24:45. > :24:48.defeat to the United States, but arguably this plumbs new depths.
:24:49. > :24:52.Let's put this into context. England's football has the richest
:24:53. > :24:56.league in the world, the Premier League, the manager Roy Hodgson is
:24:57. > :25:00.the best paid manager at Euro 2016. The FA is one of the richest
:25:01. > :25:04.football organisations in the world, a wealth of talent to choose from.
:25:05. > :25:08.They've just been beaten by the smallest country in terms of
:25:09. > :25:13.population, just 300,000 remember, to ever reach a major tournament.
:25:14. > :25:17.Iceland playing in their first ever major competition. Half of the year
:25:18. > :25:20.they can't even play football and they only have one Premier League
:25:21. > :25:25.player and no professional league, but they were simply too good for an
:25:26. > :25:29.abject England team, and unsurprisingly Roy Hodgson has just
:25:30. > :25:33.resigned in the last few minutes. He's had four years with this side
:25:34. > :25:38.but has achieved very little. This is what he had to say. My contract
:25:39. > :25:42.was up after the Euros, so now is the time for someone else to oversee
:25:43. > :25:47.the progress of this young, hungry and extremely talented group of
:25:48. > :25:54.players. They have been fantastic. They have done everything that has
:25:55. > :25:57.been asked of them. After that World Cup debacle two years ago England
:25:58. > :26:01.tried to create a new team, lots of young players came into the side,
:26:02. > :26:05.that is what makes this so disappointing. The same old England
:26:06. > :26:08.failings, the FA will have to go back to the drawing board and try
:26:09. > :26:11.and find a manager and try and work out what went wrong. Is it the
:26:12. > :26:15.problem we'll talk about? The fact there is no winter break? The fact
:26:16. > :26:20.the Premier League has too few home-grown players? Is it the
:26:21. > :26:23.coaching quality? These are the kind of questions the FA will have to
:26:24. > :26:29.answer in the coming days. STUDIO: Dan Roan, thank you, the
:26:30. > :26:31.latest on England's performance in Nice. Let's look at some of the
:26:32. > :26:33.day's other news. Two children remain in a serious
:26:34. > :26:35.condition in hospital - after yesterday's
:26:36. > :26:37.roller-coaster crash - A 12-year-old boy has chest,
:26:38. > :26:40.abdominal and leg injuries and an 11-year-old boy suffered
:26:41. > :26:43.serious arm and hand injuries. In total, six others
:26:44. > :26:45.remain in hospital. The M park remains closed whilst
:26:46. > :27:00.police and health and safety The UN refugee agency says it will
:27:01. > :27:02.be sometime before civilians who fled the fighting in the Iraqi city
:27:03. > :27:06.of Falluja return to their homes. Their exodus from the city
:27:07. > :27:08.is continuing, with tens of thousands of people now
:27:09. > :27:11.in temporary camps in the desert The Iraqi government says its forces
:27:12. > :27:14.cleared the remaining Islamic State fighters
:27:15. > :27:16.from Falluja yesterday - but air strikes are still being
:27:17. > :27:26.carried out against the militants. A new British star has emerged
:27:27. > :27:31.on the first day of Wimbledon. Marcus Willis from Slough -
:27:32. > :27:33.ranked outside the top 700 and playing his first
:27:34. > :27:36.time at the tournament - The 25 year-old beat 53rd-ranked
:27:37. > :27:40.Ricardas Berankis of Lithuania. Joe Wilson reports from
:27:41. > :27:43.the All-England Club. Marcus Willis was here for the first
:27:44. > :27:46.time and he was here for a good World number 772 with just ?220
:27:47. > :27:51.of prize money this year, he Willis had almost given up
:27:52. > :27:57.playing tennis as a career, now he was two sets
:27:58. > :27:59.up against the world number 53 and his mates
:28:00. > :28:06.were CHANTING: Shoes off
:28:07. > :28:14.But sometimes sport revels in the surreal.
:28:15. > :28:16.Not only did Willis win in straight sets but he
:28:17. > :28:19.next plays Roger Federer and will earn ?50,000 even if he loses.
:28:20. > :28:24.It is a big blur, it's a great opportunity,
:28:25. > :28:27.it's what I've dreamed of since I was young.
:28:28. > :28:29.It's a bit weird, I'm sure it will hit me at
:28:30. > :28:31.some stage, but it hasn't at the moment.
:28:32. > :28:35.Marcus Willis offers tennis lessons in Warwick for ?30 an hour.
:28:36. > :28:38.Grab him while you can, he may not be that cheap for long.
:28:39. > :28:51.Let's have more on the fallout from the referendum. As we heard earlier,
:28:52. > :28:56.David Cameron condemned reported incidents of hatred directed at
:28:57. > :29:02.immigrants since the referendum result and the Prime Minister said
:29:03. > :29:06.the Government would not tolerate intolerance and underlined there
:29:07. > :29:09.would be no immediate change to the right of residency. Police have been
:29:10. > :29:15.on alert for any rise in hate crime as our special correspondent Ed
:29:16. > :29:19.Thomas reports from Leeds. Immigration, for decades it has
:29:20. > :29:23.shaped this part of Leeds. Right now, the latest to arrive, the
:29:24. > :29:28.Eastern European is, are facing a test like never before. Why are you
:29:29. > :29:33.still hear? Why are you not going back to your own country? He is from
:29:34. > :29:36.Latvia and he says every day after the referendum he has faced abuse.
:29:37. > :29:41.Do you feel under threat? At the moment, yes, because I don't know
:29:42. > :29:46.what will happen later on. That's simple. When people shout at you to
:29:47. > :29:52.get out, what do you say? Why should I get out? There is tension. This is
:29:53. > :29:56.my street, we had no Romanians and Polish people here before. Where are
:29:57. > :29:59.they now? They are here and at the end of the street. A
:30:00. > :30:05.second-generation immigrant, now frustrated Europeans arriving in the
:30:06. > :30:12.place he calls home. I work, pay my taxes, I paid the way for my partner
:30:13. > :30:15.to come here. I'm in a situation and I can see these lot coming over and
:30:16. > :30:21.messing things up for me. Was immigration your big issue? Yes.
:30:22. > :30:26.Do you want it to stop? Yellow Mackay wanted to stop. Many people
:30:27. > :30:30.feel they can speak out now. Take Wayne, he voted out, after years of
:30:31. > :30:35.concern over immigration. Close the barrier, stop. Because it's too
:30:36. > :30:40.much. You want the migrants to go home now? I want them to go as soon
:30:41. > :30:43.as possible. To go back to where they came from? To go back where
:30:44. > :30:50.they came from. There is more reason to say that. After the Brexit vote?
:30:51. > :30:53.Yes. It's important to put this into perspective.
:30:54. > :30:58.We'd heard of dozens of cases of European migrants facing abuse, but
:30:59. > :31:04.this is a sensitive time and many people in places like this are
:31:05. > :31:07.worried about what happens next. EU migrants have been told they have a
:31:08. > :31:11.right to stay, but that message isn't getting through to everyone.
:31:12. > :31:15.Renata Plis Lithuania four months ago, a single parent looking for
:31:16. > :31:22.work. It's going to be different. We've
:31:23. > :31:25.been for many years in the EU so we are all guessing what's next.
:31:26. > :31:32.Everyone's really scared. And then we find Lee. I'm a Nationalist, I'm
:31:33. > :31:36.for this country. Outside a Polish shop, proud to call himself a
:31:37. > :31:41.fascist and wanting to talk. Just take your country back, take our
:31:42. > :31:46.country back. It's not racism, they are just coming across too much.
:31:47. > :31:50.Once that vote happened, what were your thoughts and feelings? A sense
:31:51. > :31:58.of relief. You felt relieved after the Grexit macro vote? Yes. There
:31:59. > :32:01.are some fears and uncertainty about what will come among migrants. --
:32:02. > :32:03.Brexit vote. Away from Westminster -
:32:04. > :32:05.there's concern among many voters about what happens next -
:32:06. > :32:08.and the impact of leaving the EU - But there are many who say they're
:32:09. > :32:16.delighted with the outcome - James Landale has been talking
:32:17. > :32:20.to the people of Canvey Island in Essex - one of the areas
:32:21. > :32:22.with the strongest support In Canvey Island Britain's trade
:32:23. > :32:26.with Europe and elsewhere Yet this is a corner of the South
:32:27. > :32:37.Essex coast where the EU flag no longer flies, where almost three
:32:38. > :32:39.quarters of people voted to leave. Out is out and that's it,
:32:40. > :32:42.the people have spoken. People are always going to feel
:32:43. > :32:44.a bit nervous after about all the changes, but
:32:45. > :32:47.at the end of the day, you know, what's done
:32:48. > :32:49.is done and if we were to go back
:32:50. > :32:52.on that and start questioning the We are Great Britain,
:32:53. > :32:56.we are England, we've been doing this
:32:57. > :32:58.for hundreds of years. I can't see us coming out of Europe
:32:59. > :33:01.causing any problems. Here with their East
:33:02. > :33:04.End traditions and pie shops, there is little
:33:05. > :33:07.regret at the vote for Brexit and the fact it
:33:08. > :33:10.won't happen overnight. I don't know, I think
:33:11. > :33:14.it's going to take a long time for change to happen,
:33:15. > :33:18.but if it changes to how it was 20 That's not going to
:33:19. > :33:24.happen though, is it? No, it ain't going to happen my son,
:33:25. > :33:27.it ain't going to happen. Amid the optimism,
:33:28. > :33:30.a note of anxiety. Paul Masters, a local businessman,
:33:31. > :33:32.voted It could be five years before
:33:33. > :33:38.we see the good side. tomorrow, it's not
:33:39. > :33:41.going to happen today. You know, it's at least five years
:33:42. > :33:44.before, if it is a good thing, and I'm still not
:33:45. > :33:47.sure it is a good thing, Not so much second thoughts,
:33:48. > :33:54.but I just think I should Down the road at the
:33:55. > :34:00.Island Cafe there was some concern that the Leave campaign
:34:01. > :34:03.was appearing to row back on its Are you confident that we are going
:34:04. > :34:07.to come out, immigration will stop, all that money
:34:08. > :34:10.they promised to the NHS? Are you confident that's
:34:11. > :34:13.going to get spent? Yes, it should do, if it don't
:34:14. > :34:16.they are going to make themselves You know, so, if they don't do
:34:17. > :34:21.what they say, well, If Britain was divided
:34:22. > :34:28.over whether to be in or out of the EU, it appears
:34:29. > :34:31.equally divided over what should Some want Brexit fast,
:34:32. > :34:34.others fear the bumpy road ahead. The pressure on the Government is
:34:35. > :34:37.both to handle that uncertainty and For now, though,
:34:38. > :34:43.many in Canvey Island are just content that their voice
:34:44. > :34:46.has finally been heard. Time for a quick word with our
:34:47. > :35:04.political editor Laura Kuenssberg. David Cameron on his way to Brussels
:35:05. > :35:10.tomorrow, what will that be like? It's going to be pretty awkward.
:35:11. > :35:14.Don't forget that not so long ago in March David Cameron was sweating to
:35:15. > :35:21.try to get European leaders to agree a new deal for the UK. They did,
:35:22. > :35:24.eventually, under some duress, with significant political effort and a
:35:25. > :35:29.lot of man-hours and energy. And tomorrow he has to go and tell them,
:35:30. > :35:33.you know that deal I asked you for help with? That deal I promised
:35:34. > :35:37.would get the backing of the British people? Well, you know what, it
:35:38. > :35:41.didn't. My political calculation was wrong. That's not just awkward for
:35:42. > :35:45.him politically in terms of the UK, but of course for European leaders
:35:46. > :35:48.as Katya Adler suggested earlier, the likely exit of the UK is a
:35:49. > :35:53.significant risk for the whole of the European Union. However David
:35:54. > :35:59.Cameron finds that meeting tomorrow, the big question is, who will be
:36:00. > :36:04.taking over those negotiations after he leaves, however awkward it is,
:36:05. > :36:07.however pleased they are or not to see him, he will not be the Prime
:36:08. > :36:10.Minister when these critical negotiations about our relationship
:36:11. > :36:16.with the European Union and our place in the world are concluded.
:36:17. > :36:20.That is the big picture. Not necessarily who is going to win the
:36:21. > :36:23.power struggle is already underway in Westminster, but what is our
:36:24. > :36:27.relationship with the rest of the EU going to look like? David Cameron
:36:28. > :36:31.will not be the person to answer that, and tomorrow we will get the
:36:32. > :36:34.first real taste of what European leaders have to say back to the
:36:35. > :36:35.British political establishment, it might not be pretty.
:36:36. > :36:37.Laura Kuenssberg, thank you. Newsnight is getting
:36:38. > :36:43.under way on BBC Two.