UK votes to leave the EU: the reaction

:00:07. > :00:09.The UK has voted to leave the European Union in the most

:00:10. > :00:13.In the last few minutes David Cameron has announced

:00:14. > :00:18.52% of people who cast a ballot made the momentous

:00:19. > :00:24.A short time ago the Prime Minister gave an emotional address

:00:25. > :00:30.I fought this campaign in the only way I know how,

:00:31. > :00:32.which is to say directly and passionately what I think

:00:33. > :00:43.I was absolutely clear about my belief that

:00:44. > :00:44.Britain is stronger, safer and better off

:00:45. > :00:52.And I made clear that the referendum was about this and this alone -

:00:53. > :00:58.not the future of any single politician including myself.

:00:59. > :01:00.But the British people have made a very clear decision

:01:01. > :01:06.And as such I think the country requires fresh leadership to take

:01:07. > :01:13.Leave campaigners are jubilant, saying it sends a stinging message

:01:14. > :01:26.to the European Union's political elites.

:01:27. > :01:31.The Remain campaign called the outcome a catastrophe, as it had

:01:32. > :01:35.lower than expected support across swathes of the Midlands and the

:01:36. > :01:38.North of England. The governor of the Bank of England says he will do

:01:39. > :01:42.what is necessary to support financial markets and is making

:01:43. > :01:45.available ?250 billion of financial support.

:01:46. > :01:47.So David Cameron has said he's going as the British establishment

:01:48. > :01:49.reels from its biggest slap down in modern history.

:01:50. > :01:53.I'll be asking leading politicians what happens next.

:01:54. > :01:55.And what now for Labour and Ukip too?

:01:56. > :01:57.And what's the future for the UK outside the EU -

:01:58. > :02:03.Here in Manchester we will talk to voters about the momentous

:02:04. > :02:08.decision that some of them have made and the dramatic ramifications.

:02:09. > :02:10.There really is quite a sombre mood in here now

:02:11. > :02:13.after David Cameron's announcement, including from Leave

:02:14. > :02:15.voters, so we will ask about people's hopes and fears

:02:16. > :02:45.After more than 40 years, Britain has voted to end its membership

:02:46. > :02:51.The vote itself was close but it was decisive -

:02:52. > :02:56.52% chose to leave the EU and 48% wanted to stay.

:02:57. > :03:00.Just over half an hour ago, the Prime Minister David Cameron

:03:01. > :03:03.stepped out of Number Ten and said he would resign In an emotional

:03:04. > :03:07.address, Mr Cameron said the will of the people must be respected.

:03:08. > :03:10.He said fresh leadership was required with a new Prime

:03:11. > :03:15.As the result became clear, the pound plummeted to levels not

:03:16. > :03:17.seen since 1985 and this morning the financial markets

:03:18. > :03:27.The final result shows that Leave won by more

:03:28. > :03:29.than a million votes ? overall, 17.4 million people voted

:03:30. > :03:37.That compares with the 16.1 million voters who backed Remain.

:03:38. > :03:41.More than 72% of eligible voters took part.

:03:42. > :03:44.In England more than 15 million people voted for the UK to leave

:03:45. > :03:49.the European Union - 13.2 million people backed Remain.

:03:50. > :03:52.In Scotland every voting area came out in favour of Remain ? 62%

:03:53. > :03:59.of Scottish voters backed Remain with 38% backing a Leave vote.

:04:00. > :04:02.In Wales, Leave won over 52% of the vote and secured the most

:04:03. > :04:06.votes in all but five of the 22 counting areas.

:04:07. > :04:09.In Northern Ireland - the only part of the UK that shares

:04:10. > :04:12.a border with the European Union - voters backed Remain

:04:13. > :04:17.with 55% of voters choosing to remain in the EU,

:04:18. > :04:22.Well, that's how the results across the UK look.

:04:23. > :04:25.We will, of course, be discussing in great detail what it all means

:04:26. > :04:29.for you, for the United Kingdom and for the European Union.

:04:30. > :04:31.But first our political correspondent Carole Walker reports

:04:32. > :04:46.There was no hiding the emotion is David Cameron, with his wife

:04:47. > :04:50.Samantha, emerged from Downing Street. He said the will of the

:04:51. > :04:55.British people must be respected, but as he had fought and lost the

:04:56. > :04:59.campaign to remain in the EU, the country should have a new Prime

:05:00. > :05:07.Minister. I fought this campaign in the only way I know how, which is to

:05:08. > :05:12.say directly and passionately what I think and feel, head, heart and

:05:13. > :05:17.soul. I held nothing back. I was absolutely clear about my belief

:05:18. > :05:21.that written is stronger, safer and better off inside the European

:05:22. > :05:27.Union. -- that Britain is. I made clear that the renter was about this

:05:28. > :05:31.and this alone, not the future of any single politician, including

:05:32. > :05:37.myself. But the British people have made a very clear decision to take a

:05:38. > :05:42.different path. As such, I think the country requires fresh leadership to

:05:43. > :05:46.take it in this direction. I will do everything I can as Prime Minister

:05:47. > :05:50.to steady the ship over the coming weeks and months, but I do not think

:05:51. > :05:55.it would be right for me to try to be the captain that steals our

:05:56. > :06:00.country to its next destination -- that steers our country. I have not

:06:01. > :06:03.taken this decision lightly, but I believe it is in the national

:06:04. > :06:07.interest to have a period of stability, and then the new

:06:08. > :06:10.leadership required. With turmoil and uncertainty in the

:06:11. > :06:14.financial markets, the governor of Bank of England said it was prepared

:06:15. > :06:19.to take further action to support the British economy if necessary.

:06:20. > :06:24.The best contribution of the Bank of England, the best contribution we

:06:25. > :06:25.can make, is to continue to relentlessly pursue our

:06:26. > :06:31.responsibility for monetary and financial stability stop these are

:06:32. > :06:35.unchanged. We have taken all the necessary steps to prepare for

:06:36. > :06:42.today's events. In the future, we will not hesitate to take any

:06:43. > :06:46.additional measures required to meet our responsibilities as a United

:06:47. > :06:51.Kingdom -- as the United Kingdom moves forward. From the moment the

:06:52. > :06:55.results started coming in just after midnight, big wins for Leave. Across

:06:56. > :07:01.the north-east, the Leave campaign did far better than predicted. And

:07:02. > :07:09.they pushed Remain into a narrow victory in Newcastle. 65,000 404. A

:07:10. > :07:15.much smaller wind than expect it. Votes cast in favour of Leave... In

:07:16. > :07:24.Basildon in Essex, another big win for Leave. And a big turnout, 74%.

:07:25. > :07:29.The result in Flintshire reflected the outcome across Wales, as voters

:07:30. > :07:34.backs Brexit. But Scotland voted by a clear majority to stay in the EU.

:07:35. > :07:38.Scotland's First Minister said it was clear that the people of

:07:39. > :07:42.Scotland see their future as part of the European Union. The result will

:07:43. > :07:46.bring fresh calls for a second referendum on Scottish independence.

:07:47. > :07:51.Northern Ireland has also voted to remain in the EU. Sinn Fein has said

:07:52. > :07:54.it intends the Pfizer case for a votes on whether Northern Ireland

:07:55. > :07:59.should leave the United Kingdom. -- it intensifies the case. London was

:08:00. > :08:03.the only region of England to support remaining a member of the

:08:04. > :08:06.EU. That shortly before five, it was clear that the UK had taken the

:08:07. > :08:15.historic decision to leave the European Union. At 4:40am, we can

:08:16. > :08:20.say the decision taken in 1975 by this country to join the Common

:08:21. > :08:26.Market has been reversed by this referendum to Leave the EU.

:08:27. > :08:30.Ukip's leader Nigel Farage said he was thrilled that the country had

:08:31. > :08:34.decided to break free and what he called a failing, dying European

:08:35. > :08:38.Union. 70 million people have said we must leave the European Union. We

:08:39. > :08:44.now need a Brexit Government, a Government that get on with the job,

:08:45. > :08:46.a Government that begins the renegotiation of our trade

:08:47. > :08:51.relationship, a Government that will be mindful that already many of the

:08:52. > :08:57.German, any factor in unions have said, let's get on and do a deal.

:08:58. > :09:00.The Labour leader said he hoped the negotiations with the European Union

:09:01. > :09:03.would include efforts to protect British workers.

:09:04. > :09:09.We now had to try to protect the working conditions that we have in

:09:10. > :09:13.this country, and in the negotiations with the European

:09:14. > :09:17.Union, try to obviously ensure there are trade opportunities for Britain

:09:18. > :09:22.because, clearly, there are some very difficult days ahead, the value

:09:23. > :09:24.of the pound has already fallen and there will therefore be job

:09:25. > :09:28.consequences as a result of this decision.

:09:29. > :09:35.A momentous day for Britain, for Europe, as the country embarks on a

:09:36. > :09:37.new and uncertain future outside the EU, and under a different leader.

:09:38. > :09:43.Carole Walker, BBC News, Westminster.

:09:44. > :09:50.We will speak to Simon Jack from the City shortly, but first let's speak

:09:51. > :09:54.to a system political editor Norman Smith, who joins me. How are you

:09:55. > :09:58.voted, the scale of this is extraordinary? The Gulf this is the

:09:59. > :10:01.biggest political decision in our lives, for anybody watching this it

:10:02. > :10:05.is a momentous moment. It is one of the signpost in the story of our

:10:06. > :10:11.islands which marks a different direction. We are, in effect,

:10:12. > :10:19.closing one chap, 40 year membership of what was the Common Market, now

:10:20. > :10:22.the European Union, and deciding to step in a different direction. We

:10:23. > :10:26.don't know where that will lead. We know it means carving out runway,

:10:27. > :10:31.not part of this much broader European club. They're all sorts of

:10:32. > :10:36.implications in terms of how other countries see us, what relationships

:10:37. > :10:41.are. They are utterly change. What are trading relationships with other

:10:42. > :10:45.countries, is the position of the City, how do we get a hold on

:10:46. > :10:49.migration and how do we feel about ourselves as a country? In the short

:10:50. > :10:54.term, you can still go to the pub, Philip your car, the sun will rise,

:10:55. > :10:59.nothing will change. -- fill up your car. But shortly we will have to get

:11:00. > :11:04.into negotiations, which should be done and dusted, if things go as

:11:05. > :11:09.they are meant to, in two years. We could be out by summer 2018. So much

:11:10. > :11:14.uncertainty, what happens in the short term? Bilby discussions

:11:15. > :11:18.between Boris Johnson, Michael Gove and the Prime Minister, I would

:11:19. > :11:23.expect those to take place later today. Mr Cameron, to all intents

:11:24. > :11:27.and purposes is a broken Prime Minister, he is just their... I

:11:28. > :11:30.would not say a hostage but he is in the grip of the sceptics and has to

:11:31. > :11:35.do what they want. Some say they want a Cabinet shuffle to bring in

:11:36. > :11:38.the Brexiteers, then they will decide the course of the

:11:39. > :11:42.negotiations, which will probably not begin until we get a new leader.

:11:43. > :11:46.Mr Cameron has said he will be gone by the start of the party conference

:11:47. > :11:51.at the beginning of October, which means that the leadership contest

:11:52. > :11:54.begins now. Under the rules, you have to have about a month to allow

:11:55. > :11:58.the members to make a final decision, the MPs narrow it down to

:11:59. > :12:09.two contenders, Parliament goes into recess at the end of July. We are

:12:10. > :12:12.pretty much at the end of June, so it begins now. I suppose Boris

:12:13. > :12:14.Johnson must be in pole position to become our next Prime Minister.

:12:15. > :12:16.Doormen, thank you. Just after the prime ministers Bob, the governor of

:12:17. > :12:20.the Bank of England, Mark Carney, sought to reassure financial

:12:21. > :12:21.markets. Speaking in the past half-hour, he said the bank was

:12:22. > :12:25.well-prepared. A few months ago, the bank judged

:12:26. > :12:28.that the risks around the referendum were the most significant near-term

:12:29. > :12:30.domestic risk to To mitigate them, the bank has put

:12:31. > :12:34.in place extensive contingency plans and these plans begin with ensuring

:12:35. > :12:37.that the core of our financial system is well capitalised,

:12:38. > :12:42.is liquid and is strong. This resilience is backed up

:12:43. > :12:45.by the Bank of England's liquidity facilities in sterling and foreign

:12:46. > :12:48.currencies and all of these resources will support orderly

:12:49. > :12:52.market functioning in the face The bank will continue to consult

:12:53. > :12:59.and cooperate with all relevant domestic and international

:13:00. > :13:04.authorities to ensure that the UK financial system can absorb any

:13:05. > :13:06.stresses and can do its job of concentrating

:13:07. > :13:13.on serving the real economy. That economy will adjust

:13:14. > :13:17.to new trading relationships that And it's these public

:13:18. > :13:24.and private decisions which will determine the UK's

:13:25. > :13:28.long-term economic prospects. The best contribution

:13:29. > :13:31.of the Bank of England, the best contribution we can make

:13:32. > :13:37.to this process is to continue to pursue relentlessly our

:13:38. > :13:39.responsibilities for monetary We've taken all the necessary steps

:13:40. > :13:46.to prepare for today's events and, in the future, we will not hesitate

:13:47. > :13:49.to take any additional measures required to meet our

:13:50. > :13:51.responsibilities as the Mark Carney seeking to reassure the

:13:52. > :14:09.markets. As the result became

:14:10. > :14:11.clear, the pound plunged. It's the biggest one day drop

:14:12. > :14:13.in 30 years. It fell to levels

:14:14. > :14:15.not seen since 1985. Simon Jack is monitoring the markets

:14:16. > :14:22.in the City. Many of these bankers, traders, up

:14:23. > :14:28.all night but they were not expecting this, where they? No, this

:14:29. > :14:35.is really shock were first felt, the morning and evening of astonishing

:14:36. > :14:40.news. Sterling plummeted, it had its biggest one-day fall ever since they

:14:41. > :14:45.started floating currencies in 1972. It fell 10% at one stage. This is

:14:46. > :14:51.the moment, we had the question, who has got it right, the polls or the

:14:52. > :14:55.city and the bookies? The city was banking on Remain and got a nasty

:14:56. > :15:02.shock when Sunderland came in. We had once Wandsworth bands, so who

:15:03. > :15:06.was right, the city got it wrong and the polls were right. If you look of

:15:07. > :15:11.a stock market, it opened at 8am and immediately fell by 500 points, the

:15:12. > :15:16.knock-on effect. In both cases, it has found a level and is making

:15:17. > :15:19.headway, just down three and one third percent. I think that message

:15:20. > :15:28.from Mark Carney really did help. Some of the banks stocks were down.

:15:29. > :15:32.I think that reassurance from Mark Carney saying don't worry, we've got

:15:33. > :15:35.your bank, the Bank of England will help, really did reassure the

:15:36. > :15:40.markets and we've seen them make some ground but on any scale, a

:15:41. > :15:43.truly shocking morning and the chat around here from people like JP

:15:44. > :15:49.Morgan saying they may have to move staff over to Europe because if they

:15:50. > :15:53.need to serve European customers, outside the European Union, they may

:15:54. > :15:58.have to do that, but obviously those negotiations will take weeks,

:15:59. > :16:02.months, maybe years to conclude but that's the chatter around here on

:16:03. > :16:04.this astonishing morning in the city, Sophie. Huge changes ahead.

:16:05. > :16:08.Simon, thank you. Well, throughout the morning,

:16:09. > :16:10.politicians have been For some it's a moment of great

:16:11. > :16:14.excitement, of triumph. A result they've been

:16:15. > :16:15.fighting for for decades. Let's go to College Green

:16:16. > :16:32.here in Westminster and my Thanks, Sophie. We're joined by the

:16:33. > :16:36.Secretary of State for Defence Michael Fallon who campaigned for

:16:37. > :16:40.Remain. Given the Prime Minister last and we need somebody to

:16:41. > :16:44.negotiate the terms of our divorce, was it not inevitable Prime Minister

:16:45. > :16:49.had to resign? Yes, you could you needed somebody who'd been part of

:16:50. > :16:52.the Leave Campaign for that I personally think the Prime Minister

:16:53. > :16:56.would have been the best person at who's taken a position, it's an

:16:57. > :16:59.honourable decision, given the result went against him. And now

:17:00. > :17:05.we've got to get on and make this work. Your Brexit colleagues in the

:17:06. > :17:08.Tory party, who derided Mr Kamran's deal for the re-negotiation, they

:17:09. > :17:13.would never have accepted him negotiating our divorce terms.

:17:14. > :17:17.Maybe. Most of them signed a letter say they would support him staying

:17:18. > :17:21.on and I personally think it's a very sad moment for our country for

:17:22. > :17:24.that one of the great reforming Prime Minister is stepping down.

:17:25. > :17:30.There it is, the decision has been making now and we have to make it

:17:31. > :17:33.work. If Boris Johnson now the man to be the next leader and the next

:17:34. > :17:38.Prime Minister of our country? He's clearly one of the men, one of the

:17:39. > :17:42.candidates. Is he not the frontrunner? The great strength of

:17:43. > :17:46.the Tories is a great range of candidates will come forward and

:17:47. > :17:51.it's too early to allocate the odds. What about Michael Fallon? I'm not

:17:52. > :17:55.going to budding my hat into the ring but you what you can be sure of

:17:56. > :17:58.is a number of candidates will come forward, they selected by the

:17:59. > :18:02.Parliamentary party and being tired membership will have a vote and the

:18:03. > :18:06.site. You are in for a leadership race this summer, more blue on blue.

:18:07. > :18:10.We've done these things before, we've done amicably, and I think

:18:11. > :18:14.there will be a huge determination now in the Conservative Party to

:18:15. > :18:17.pull together again. We've got three months before a new Government is

:18:18. > :18:21.formed, plenty to get on with, in delivering the manifesto which we

:18:22. > :18:25.were elected last year. If Mr Cameron is on his way out, as he

:18:26. > :18:30.told us this morning, can't George Osborne be far behind? The new

:18:31. > :18:35.Cabinet will be for the new Prime Minister to decide. George Osborne

:18:36. > :18:37.has been steering us away from an economic star Stephanie, has been

:18:38. > :18:41.reducing the deficit year by year, and has been delivering economic

:18:42. > :18:49.reform which meant the highest employment in history. Can we take

:18:50. > :18:54.the punishment budget Mr Osborne threatened us with this summer if we

:18:55. > :18:58.voted to Leave, will now not happen? You've seen the turmoil in the

:18:59. > :19:03.market as a result of the decision, so I think we were right and the

:19:04. > :19:07.Bank of England was right... The FTSE is above 6000. It's beginning

:19:08. > :19:11.to recover but we've seen the turmoil, so some of those warnings

:19:12. > :19:15.were justified but it wasn't George Osborne's punishment budget, he was

:19:16. > :19:19.right, I think to warn there would be consequences and we've seen that

:19:20. > :19:24.with sterling and the market this morning. What he said was if we

:19:25. > :19:29.voted to Leave, it would be a budget to increase tax, cut spending, and

:19:30. > :19:34.end the triple lock for pensions. Can we take it none of that will now

:19:35. > :19:37.happen? I hope we will now see growth and investment decisions and

:19:38. > :19:40.obviously a lot of investment was paused while people are waiting for

:19:41. > :19:44.the result of the referendum. They will probably wait a bit longer now

:19:45. > :19:52.to see the right result of the re-negotiation. Why are we not going

:19:53. > :19:57.to have it? If he mentored, wisely not going to do it? I would suggest

:19:58. > :20:02.to you, it was just meant to scare us. He warned there would be

:20:03. > :20:08.consequences are they Leave vote and you seem on the market this morning.

:20:09. > :20:14.You've seen what happened sterling. You can't judge the of Brexit on

:20:15. > :20:18.four hours of the market after we voted to Leave full subunit that's

:20:19. > :20:23.absurd. The markets tell you what's happening. We've seen turmoil in the

:20:24. > :20:26.markets. Obviously, we are hoping we can get growth resumed, a lot of

:20:27. > :20:31.decisions have been paused during the referendum and will have to work

:20:32. > :20:35.hard now to encourage those who are going to invest in Britain from

:20:36. > :20:38.outside, firms that want to invest here with access to the single

:20:39. > :20:44.market, we have to work hard to persuade them that we can negotiate

:20:45. > :20:48.satisfactory terms. For people like pensioners watching this morning, is

:20:49. > :20:53.the trouble lock still on pension increases? It's there, guarantee we

:20:54. > :21:00.offered, but it is dependent on the economy growing -- triple. That's

:21:01. > :21:05.vital for all public services. Given that you are the defence Minister,

:21:06. > :21:10.and we were threatened also with armed conflict in Europe, when is

:21:11. > :21:14.that going to happen? I don't think David Cameron ever spoke about world

:21:15. > :21:19.War three. I didn't say world War three. He talked about armed

:21:20. > :21:24.conflict. Is it going to happen? It's a fact the democracies of

:21:25. > :21:26.Europe working together since the war have prevented any armed

:21:27. > :21:32.conflict. We saw brutally twice in the last century. I was just asking

:21:33. > :21:37.if it's going to happen or not. It's not going to happen. So another

:21:38. > :21:41.threat that's not going to happen? Our democracies work together. I

:21:42. > :21:45.think staying in the EU would have helped because of the security of

:21:46. > :21:48.the West but will have to work hard now and I will talk to our allies

:21:49. > :21:53.later today in France, Germany and the USA, to remind them that we are

:21:54. > :21:57.going to stay in Nato, play our part in the security of the West and

:21:58. > :22:03.continue our contribution to the fight against Isis. So far, the

:22:04. > :22:08.triple lock it withers and was not broken out. I can hand you back to

:22:09. > :22:10.Sophie. Andrew, with Edna Prime Minister Erdogan morning, and the

:22:11. > :22:15.Governor of the Bank of England but we have not yet heard from one of

:22:16. > :22:19.the leading figures in the leave campaign, Boris Johnson. Is

:22:20. > :22:24.expecting to speak for the first time shortly. The first time since

:22:25. > :22:29.that decisive result. We will bring you that, of course, as soon see

:22:30. > :22:34.comes out and start speaking but it is the people who have spoken, the

:22:35. > :22:40.turnout was high. More than 72%, the highest turnout in a nationwide

:22:41. > :22:47.ballot since 1992. Let's hear from the people. Victoria Derbyshire is

:22:48. > :22:54.with a panel in Manchester. Yes, absorbing the news, voters have

:22:55. > :23:00.voted. Also the dramatic news from David Cameron this morning, what are

:23:01. > :23:06.you thinking right now? I'm a bit shocked, to be honest. I'm shocked I

:23:07. > :23:09.voted to back a building, I didn't think it was going to matter, my

:23:10. > :23:13.boat, because I thought we would Remain and the David Cameron

:23:14. > :23:25.resignation has blown me away, to be honest. I'm quite worried. What

:23:26. > :23:31.about yourself, you voted to Remain. I did but I would echo that also.

:23:32. > :23:34.What are you worried about? I think the country needs a captain to steer

:23:35. > :23:38.us through this and opener for David Cameron would've been the best

:23:39. > :23:42.person to do that. He obviously has cut good contacts in Europe, he's

:23:43. > :23:45.been in and out of Europe a lot, working with these people and now he

:23:46. > :23:52.would've been been the best person to negotiate terms with them. You

:23:53. > :23:56.voted to Leave, so when David Cameron announced his resignation,

:23:57. > :24:02.you were pretty sombre and you are a Conservative voter. I'm upset about

:24:03. > :24:05.the resignation. We are on opposite sides of the argument, but Mr

:24:06. > :24:08.Cameron said we are not critters and he's been the first one in it. I

:24:09. > :24:14.would have liked to have said he's going to fight for our position much

:24:15. > :24:19.more than he's done. Joanne, you were undecided and eventually voted

:24:20. > :24:23.to stay. How are you feeling now? It came right down to the death for me

:24:24. > :24:29.yesterday. I was still undecided yesterday. I decided to go with

:24:30. > :24:37.Remain. To be honest, I expected Leave to win. But I do decide to go

:24:38. > :24:42.with Remain. We are now in a period of uncertainty and that will happen

:24:43. > :24:46.for the next months. Are you worried? No, I'm a positive person

:24:47. > :24:50.when it comes down to it so it's a case of making the best of what

:24:51. > :24:55.we've got. More from voters throughout the morning of course. We

:24:56. > :24:58.were expecting more Remain voters here today but they were too upset

:24:59. > :25:06.to talk about it to be honest and one actually told us they felt they

:25:07. > :25:11.were grieving. Andrew. Victoria, let's now give you a proper

:25:12. > :25:15.breakdown of how the United Kingdom voted yesterday. Let's go to the BBC

:25:16. > :25:24.newsroom and Christian Fraser. Sophie, thank you very much.

:25:25. > :25:34.20 million people casting a vote yesterday. This turnout, 74% would

:25:35. > :25:39.be good for Remain but you can see in actual fact, a 6-point lead for

:25:40. > :25:44.Leave the highest turnout since 1992. Look at the huge swathes of

:25:45. > :25:50.blue in rural England, Labour areas, so, Manchester, where we have just

:25:51. > :25:54.been with Victoria, a maroon spot of yellow and then Liverpool and any

:25:55. > :25:58.Leeds, Yorkshire, Harrogate, Newcastle, but only by the

:25:59. > :26:02.slenderest of margins in Newcastle. London, we knew would go for Remain

:26:03. > :26:08.and not all of the South and south-east, large parts of Kent in

:26:09. > :26:12.blue and I think it was in those metropolitan areas where they

:26:13. > :26:16.thought they were going to do well, Remain, Durham, Sheffield, Coventry

:26:17. > :26:20.and Watford. They did not do too well at all. All of those

:26:21. > :26:28.metropolitan areas going for Leave. Let's look at the highest turnout

:26:29. > :26:33.for Leave in the country. Boston in Lincolnshire. Thorough, Great

:26:34. > :26:41.Yarmouth, big Ukip supporting areas. Over 70%. The top five Remain areas.

:26:42. > :26:45.Gibraltar, overwhelmingly 96% in favour of remain. And at the London

:26:46. > :26:49.boroughs of Lambeth, Hackney, Haringey and foil in Northern

:26:50. > :26:53.Ireland which will look at in the second but different picture in

:26:54. > :27:01.Scotland. You will see the map is completely yellow. Here we go. 2.7

:27:02. > :27:07.million people casting a vote in Scotland. This is a much lower

:27:08. > :27:11.turnout than the UK average. Voter fatigue? Possibly, they've had four

:27:12. > :27:18.elections in under two years but overwhelmingly, 62% in favour of

:27:19. > :27:22.Remain full is Edinburgh, 74% in Edinburgh, going for Remain. The

:27:23. > :27:25.picture in Northern Ireland. Questions in Scotland about a second

:27:26. > :27:28.independence vote and now questions about independence coming from

:27:29. > :27:34.Martin McGuinness in Northern Ireland and this is why big

:27:35. > :27:39.stretches of yellow close to the border. Belfast, four voting areas,

:27:40. > :27:46.three of them went for Remain. And only these parts here in Northern

:27:47. > :27:50.Ireland for Leave. 790,000 people in Northern Ireland voted, much lower

:27:51. > :27:54.turnout on the UK average. Let me show you Wales. Dramatic picture

:27:55. > :28:01.here for Labour and Jeremy Corbyn, a big disappointment for them. Only

:28:02. > :28:06.five of 22 in Wales going for Remain for of Cardiff, yes, Swansea no,

:28:07. > :28:11.Merthyr Tydfil, Newport and Caerphilly all going for Leave

:28:12. > :28:18.pulled the turnout, 72%. 1.6 million people voting in Wales. The result,

:28:19. > :28:21.the final result similar to England by six points, 52% for Leave and 47%

:28:22. > :28:25.for Remain full that we are churning through those number and they are on

:28:26. > :28:26.the website if you want to look now to see how your town and city voted

:28:27. > :28:39.for them to go to the Thank you, Christian Fraser. That is

:28:40. > :28:44.the breakdown of how the UK voted. The results will have huge

:28:45. > :28:48.implications right across the UK. Let's get reaction from Scotland,

:28:49. > :28:53.Wales and Northern Ireland and find out the consequences of the boat.

:28:54. > :28:58.Gavin Esler is in Edinburgh, Sian Lloyd is in Cardiff and Chris

:28:59. > :29:03.Buckler is in Belfast. Gavin, let's start with you? Welcome to the great

:29:04. > :29:07.European capital. Edinburgh has been trading with Northern Europe for

:29:08. > :29:11.centuries and sees it self as the Athens of the North. It is hardly

:29:12. > :29:16.surprising that almost three quarters of voters in Edinburgh

:29:17. > :29:20.voted in favour of remaining. 32 local authority areas in Scotland,

:29:21. > :29:23.all 32, voted in favour of remaining, with some two thirds of

:29:24. > :29:30.Scottish voters saying that they want to stay within the EU. That

:29:31. > :29:32.raises the big question as always, the independence question.

:29:33. > :29:36.Independence Day is a phrase that has been used by those who wish to

:29:37. > :29:40.take Britain out of the European Union. Could this be the beginning

:29:41. > :29:44.of Independence Day again for Scotland, the beginning of a new

:29:45. > :29:58.independence process? Let's go first to Boris Johnson.

:29:59. > :30:02.STUDIO: These are the scenes right now outside the home of Boris

:30:03. > :30:14.a leading figure of the leave campaign. Huge crowds, as you can

:30:15. > :30:19.see, ready to hear what he will have to say. Chris Mason is there for us,

:30:20. > :30:32.I think we can talk to him now. Describe what is going on, Chris?

:30:33. > :30:36.Well, not entirely clear what is going on at the moment. Police are

:30:37. > :30:39.following a vehicle down the street. We had been hoping to hear from

:30:40. > :30:46.Boris Johnson, it would have been his first statement of the morning

:30:47. > :30:58.since this decision, this vote was announced.

:30:59. > :31:02.OK, we'll come back to Boris Johnson as soon as we can get word from him.

:31:03. > :31:11.Let's continue with Outlook around the UK. We will go now to Cardiff,

:31:12. > :31:18.and Sian. -- to continue with our look around the UK. 17 of the 22

:31:19. > :31:26.local authorities here in Wales have backed Brexit, 52.5% of Welsh voters

:31:27. > :31:32.are saying they want to go, 47.5% wanting to Remain. It is traditional

:31:33. > :31:37.Labour heartlands, Valleys communities, Merthyr Tydfil,

:31:38. > :31:44.Caerphilly etc, who has strongly backed a vote to leave. More

:31:45. > :31:49.affluent Cardiff, where I am, the Vale of Glamorgan, Monmouthshire

:31:50. > :31:53.wanted to Remain, as did Ceredigion and Gwinnett, the only other two

:31:54. > :31:59.council areas in Wales who wanted to stay in the EU. The First Minister

:32:00. > :32:05.of Wales, Carwyn Jones, has just held a press conference. He has been

:32:06. > :32:11.talking about his concerns. Obviously he was backing a votes to

:32:12. > :32:15.remain in the EU, as were all of the Welsh Labour AMs and MPs. He has

:32:16. > :32:20.been talking about concerns over jobs and particularly the future of

:32:21. > :32:27.the devolution settlement in Wales, and about the funding that the Welsh

:32:28. > :32:31.people get from Westminster. He says that he believes there will have to

:32:32. > :32:36.be renegotiation is over the Barnett formula. Remain had sought to

:32:37. > :32:41.convince people in some of the poorest parts of Wales, working

:32:42. > :32:44.class communities who had largely voted to Leave that Wales enjoyed a

:32:45. > :32:49.lucrative relationship with the EU. Billions of pounds in struck drawl

:32:50. > :32:54.funds being poured into some of those communities. -- in structural

:32:55. > :33:02.funds. That did not convince the voters that you never to want to

:33:03. > :33:09.stay. Sophie. Here in Northern Ireland there was a

:33:10. > :33:12.majority vote to Remain, 66%. However, whenever you look at the

:33:13. > :33:18.figures and start to break them down, it seems very clear that

:33:19. > :33:23.Unionists were likely to vote for Leave got their vote out,

:33:24. > :33:27.nationalists who were more likely to votes to stay, did not get their

:33:28. > :33:31.vote out to the same extent. So this wider vote and the fact that the

:33:32. > :33:36.margin of success by Remain was not so big is being treated as a success

:33:37. > :33:39.by the Democratic Unionist Party, the largest party at Stormont, who

:33:40. > :33:44.have been campaigning for a Leave vote. They say it is a good

:33:45. > :33:48.decision, but there are also deliberate patience for Northern

:33:49. > :33:52.Ireland as part of the UK. Of the border. -- there are also big

:33:53. > :33:56.questions for Northern Ireland. This is the only part of the UK with a

:33:57. > :34:00.land border with an EU country, it will become the point where the UK

:34:01. > :34:05.meets the EU. There are questions about what will happen, suggestions

:34:06. > :34:09.that checkpoints might have to be introduced or even checks between

:34:10. > :34:14.Britain and Ireland. There are questions about the economy, huge

:34:15. > :34:18.amounts of trade take place between Britain and Ireland, the Republic of

:34:19. > :34:22.Ireland itself is concerned, the Irish Government is meeting this

:34:23. > :34:27.morning, we will hear from Irish Prime Minister and Kenny Ellis

:34:28. > :34:31.later. He had campaigned for a Stay vote a very vigorously, he was

:34:32. > :34:36.alongside David Cameron on one occasion and travelled to Britain.

:34:37. > :34:39.Then there is the question about the whole idea of a united Ireland. Sinn

:34:40. > :34:45.Fein has said in the article this vote they would like to see a border

:34:46. > :34:50.poll, to see whether people would see a united Ireland again. The SNP

:34:51. > :34:53.may have been cattle with their words in Scotland, Sinn Fein are

:34:54. > :34:56.saying very clearly that there should be a pole. There are lots of

:34:57. > :35:00.questions to come for the United Kingdom.

:35:01. > :35:04.Chris Buckler in Belfast, thank you. We saw chaotic scenes outside the

:35:05. > :35:08.home of Boris Johnson in north London. We can go back there and try

:35:09. > :35:12.to make sense a bit with Chris Mason.

:35:13. > :35:15.Explain what has been happening? We have been outside Boris Johnson's

:35:16. > :35:21.house in Islington North London the past three or four Alice, the

:35:22. > :35:25.gathering media scrum but you saw in the footage as the former Mayor of

:35:26. > :35:29.London left his home about five minutes or so ago. What is very

:35:30. > :35:35.clear, you can hear and see it, is the extent to which the challenge

:35:36. > :35:40.now will be uniting a country divided by this referendum. There

:35:41. > :35:43.were perhaps around 100 photographers and reporters and

:35:44. > :35:48.camera crews here, all of us wanted to shout questions in the direction

:35:49. > :35:54.of Boris Johnson. We were simply drowned out by a sea of boos. People

:35:55. > :35:59.have been commuting past Boris Johnson's house, there has been

:36:00. > :36:02.plenty of shouting of fairly owned broadcaster for things in the

:36:03. > :36:05.direction of the front door, behind which is the man who hopes to be the

:36:06. > :36:11.next Prime Minister and could well be in the next couple of months. --

:36:12. > :36:14.fairly owned broadcaster for things. We suspect that Boris Johnson is

:36:15. > :36:18.heading to the Vote Leave headquarters. At around about 11am,

:36:19. > :36:25.although timings are fluid, we expect there will be a news

:36:26. > :36:30.conference featuring him, Michael Gove and Gazelle Stuart, the most

:36:31. > :36:37.prominent Labour MP on the Leave campaign. -- and Gisela Stuart. We

:36:38. > :36:42.expect to hear him say something around then, rather than just being

:36:43. > :36:47.shouted at. Around an hour, an hour and a half before we hear from Boris

:36:48. > :36:52.Johnson. Let's go back to Andrew Neil at College Green.

:36:53. > :36:55.I am joined by Chris Grayling, the Leader of the House of Commons, who

:36:56. > :36:59.campaigned to leave, and by Simon Fraser, the foreign head of the

:37:00. > :37:04.Foreign Office. Chris Grayling, when do we get that extra ?100 million a

:37:05. > :37:10.year for the NHS that you promised? Gulp not until we have left. The

:37:11. > :37:14.timetable is two years from the moment we trigger the formal

:37:15. > :37:21.process, which will wait until a new Prime Minister is in place in the

:37:22. > :37:26.autumn. So two years beyond that. Still at least 2020 before the extra

:37:27. > :37:34.wattage million pounds a week? When would you like to trigger Article

:37:35. > :37:41.50, to begin the formal process and set the clock ticking? We need to

:37:42. > :37:45.have enough preparation to get the negotiating team ready. It is a two

:37:46. > :37:49.year process which we need to complete before the next general

:37:50. > :37:54.election, I will not put a limit on it. So we will have to wait quite a

:37:55. > :37:59.while to see extra money for the NHS. Simon Fraser, how will the

:38:00. > :38:04.Foreign Office cope? It is congenitally pro-EU, now it has to

:38:05. > :38:08.play major part in our exit? The Foreign Office will do its job, as

:38:09. > :38:11.always. The first thing it will have to do is launch a pretty big

:38:12. > :38:15.campaign around the world to explain diplomatically what we have done,

:38:16. > :38:19.why and what will happen next. I am sure and disease around the world

:38:20. > :38:22.are doing about task already, they are looking further ahead, the

:38:23. > :38:26.Foreign Office and the rest of Whitehall, they will have to think

:38:27. > :38:32.carefully about a very major set of tasks lying ahead. Is it realistic

:38:33. > :38:37.for the British to think they can have quite a considered period of

:38:38. > :38:44.informal talks with the EU on our divorce terms before triggering

:38:45. > :38:48.Article 50 of the Lisbon Treaty? We had to bear in mind the decision we

:38:49. > :38:55.have made affects not just us but the rest of Europe as well. They

:38:56. > :38:59.have there political and economic interests to deal with. I suspect

:39:00. > :39:03.that sometime they allow as -- suspect they will allow some time to

:39:04. > :39:06.sort things out, but that will not be indefinite and they will have

:39:07. > :39:11.their own fish to fry when it comes to the time. From the Prime

:39:12. > :39:15.Minister's resignation remarks, I feel he does not expect to trigger

:39:16. > :39:19.Article 50 and I will not be a new Prime Minister until the end of

:39:20. > :39:22.September, beginning of October, that is several months. Couldn't go

:39:23. > :39:27.beyond that, to the beginning of next year or beyond before we press

:39:28. > :39:31.the exit button? Let's see what happens at the pin council next

:39:32. > :39:36.week. The President of the Council, Donald Tusk, says he wants to manage

:39:37. > :39:40.things calmly. My personal view is that there is not an limited period.

:39:41. > :39:44.It would be reasonable for this not to happen until the autumn. I think

:39:45. > :39:48.delaying it much beyond that would raise questions not only in Europe

:39:49. > :39:52.but among the voters in this country about when we will implement their

:39:53. > :39:57.decision. User ambassadors will have to explain Britain's position around

:39:58. > :40:01.the world, I have never met an ambassador, existing Ogbonna, in

:40:02. > :40:07.favour of leaving, so that hearts will not be in it -- existing or

:40:08. > :40:11.former. I personally believe that, from an international perspective,

:40:12. > :40:16.it would have been better to Remain, but the decision has been made in a

:40:17. > :40:19.different direction. Civil servants are highly professional people who

:40:20. > :40:23.will make the best case and do their job to the best of their ability. A

:40:24. > :40:28.question I asked Michael Fallon, can we rule out George Osborne's

:40:29. > :40:32.punishment Budget, which he threatened us with if he left? The

:40:33. > :40:37.reason I do not think that will happen is that when we looked at the

:40:38. > :40:40.small rent of these two fiscal studies, it was third party research

:40:41. > :40:46.that they were repairing two. This macro Abbey small print of these two

:40:47. > :40:50.fiscal studies. It is assumed that a fall in the value of the pound led

:40:51. > :40:56.to a fall in exports, which is illogical. I don't think the problem

:40:57. > :41:00.exists. We have heard from the head of the German CBI two days ago, I

:41:01. > :41:05.feel that the rest of the European Union will want to carry on trading

:41:06. > :41:11.on a normal basis, we buy more from them than they do from us. Rather

:41:12. > :41:13.than reading the small print of the Institute for Fiscal Studies,

:41:14. > :41:16.another reason why there will not be a punishment Budget is that Mr

:41:17. > :41:21.Osborne will not be alone -- around to deliver it? Gulp that will

:41:22. > :41:26.clearly be a new Cabinet from September or October, the girl by

:41:27. > :41:32.Douglas George will still be Chancellor or doing something

:41:33. > :41:39.different. There is no need for an emergency Budget next Monday. If Mr

:41:40. > :41:43.Cameron felt it necessary to resign, why wouldn't George Osborne? That is

:41:44. > :41:48.a matter for George. He has been a good Chancellor, he has helped turn

:41:49. > :41:54.the economy around. If I saw Mr Osborne I would ask him, but I have

:41:55. > :41:58.you. I think it will be a matter for the new Prime Minister. I don't

:41:59. > :42:01.think it would be helpful now if the Chancellor of the Exchequer

:42:02. > :42:05.resigned. We need stability and to calm the markets. There will be a

:42:06. > :42:11.change in the autumn, let's wait for it to happen. Foodie you back as the

:42:12. > :42:17.next leader? No idea. -- who do you back? Or is Johnson? I wish David

:42:18. > :42:22.Cameron had stayed, I think it was right for him. I had taken -- I was

:42:23. > :42:27.taken by surprise. I will give serious thought as to what happens

:42:28. > :42:31.next. Who would you like to see, other than Boris Johnson? I am not

:42:32. > :42:36.setting my name against anyone at the moment, I will think it through

:42:37. > :42:40.carefully. Would you throw your hat into the ring? I have not decided

:42:41. > :42:46.who I will back. It is a question of who I am going to back. And not run?

:42:47. > :42:50.It is too early, David Cameron has just resigned, I have not given any

:42:51. > :42:55.thought as to who I think would be right to take this to this.

:42:56. > :43:01.website. Supposing we have a long in formal parent and then reset the

:43:02. > :43:06.clock going, and we need 28 to stop the clock, can we do it in two

:43:07. > :43:09.years? The real question is is not just the article 15 negotiation but

:43:10. > :43:12.another one about the terms of our future relationship with Europe and

:43:13. > :43:16.I don't think that would be easy. We will not get a deal which gives of

:43:17. > :43:19.the same level of access to the European market as we have now.

:43:20. > :43:23.Another negotiation to be had with other countries around the world

:43:24. > :43:27.about trade there. On top of that, we have to go through the whole body

:43:28. > :43:29.of our law and regulation and the new Government will want to decide

:43:30. > :43:34.what it wants to keep, what it wants to change and that is a massive set

:43:35. > :43:38.of tasks which will take very long time. It will consume a lot of

:43:39. > :43:42.energies of Whitehall and Westminster. Sounds like the Foreign

:43:43. > :43:47.Office will be busy. Back to in Downing Street.

:43:48. > :43:51.Andrew, thank you. Huge changes and consequences ahead for the UK but

:43:52. > :43:58.what about the rest of the European Union? The rest of the 27 member

:43:59. > :44:02.states? Will it mean for them? We are not expect to hear from Angela

:44:03. > :44:06.Merkel into later this morning but a sad day for Europe, a sad day for

:44:07. > :44:10.the UK, that was the reaction early this morning from Germany's Foreign

:44:11. > :44:14.Minister, the European Parliament held an emergency meeting this

:44:15. > :44:21.morning in response to the referendum results. Matthew joins us

:44:22. > :44:24.now from Brussels. Sophie, good morning, the shock waves

:44:25. > :44:28.reverberating around this place. This is the catastrophe they had

:44:29. > :44:31.feared. It is very interesting listening to David Cameron talking

:44:32. > :44:34.about negotiations in Downing Street when he spoke because in the last

:44:35. > :44:39.little while the leader of the largest group in the European

:44:40. > :44:43.Parliament called for an immediate negotiation on UK exit, the EU can't

:44:44. > :44:50.wait for a protracted Conservative leadership contest. That's what he

:44:51. > :44:57.just said, leave means leave. Our Europe editor is with mean now. Give

:44:58. > :45:02.me a sense of this moment, the conversations you've had. People are

:45:03. > :45:06.absolutely aghast. They knew there was a possibility of Britain voting

:45:07. > :45:09.to leave the EU, but I think in the heart of hearts, definitely the

:45:10. > :45:16.leaders across the EU were hoping that Britain would vote to Remain.

:45:17. > :45:20.You're looking at an EU which was a week already before the vote. The

:45:21. > :45:25.migrant crisis, fears of what is perceived as an aggressive Russia,

:45:26. > :45:29.but Brexit could be the biggest body blow of all, because in the UK, the

:45:30. > :45:33.blood now looking at the financial markets, what does this mean for the

:45:34. > :45:38.pound? Families across Europe are worried about the future of the

:45:39. > :45:42.euro. It was recovering nervously but what now? Also what is the

:45:43. > :45:48.future of the EU? Eurosceptic leaders across the continent, I have

:45:49. > :45:52.never seen the mood so Eurosceptic, those leaders in France, Italy, the

:45:53. > :45:56.Netherlands, where queueing up to crow about Brexit and call for a

:45:57. > :46:01.vote in their own country. Prime ministers across Europe are very,

:46:02. > :46:04.very aware of that, nervously looking over their shoulders at

:46:05. > :46:09.these Eurosceptic leaders but here the mood among the leaders, the

:46:10. > :46:13.bureaucrats in Brussels, please stay calm, we don't know where we are

:46:14. > :46:18.going to go. We heard from Martin Schulz, but President this morning.

:46:19. > :46:24.I don't think this will lead to a break above the European Union. If

:46:25. > :46:33.we take serious, one of the messages, an enormous gap, social

:46:34. > :46:38.gap between countries, and within society. To fill the gap with more

:46:39. > :46:43.social justice, and fight for a better distribution of wealth is,

:46:44. > :46:49.for me, one of the messages, especially for those who voted for

:46:50. > :46:53.Leave because they feel uncomfortable with their social

:46:54. > :46:58.circumstances. That was the immediate reaction. How is it likely

:46:59. > :47:03.to work now in terms of negotiations, the thoughts of trade

:47:04. > :47:07.deals, what can Britain expect because there was a fear they would

:47:08. > :47:12.be punished to stop a domino effect happening to Europe? There is

:47:13. > :47:14.definitely a hardening of hearts already this morning. There has been

:47:15. > :47:20.talk of how the British Commissioner from the building might like to

:47:21. > :47:23.leave his job. Plenty of British civil servants Walkman here this

:47:24. > :47:29.morning worried about what their future might be. But I think it's

:47:30. > :47:34.less about punishing the UK per se. The game, as bespoke, a fear of

:47:35. > :47:37.contagion, people across Europe asking for their own referenda, a

:47:38. > :47:42.feeling of Brussels and amongst European leaders that a deal with

:47:43. > :47:46.the UK, even though it is an attractive trade partner, can't be

:47:47. > :47:52.easy, can't be generous, because others have to be put off asking to

:47:53. > :47:57.leave the EU as well. You will now have to hand over to the UK, who has

:47:58. > :48:01.to give formal notice, formally say it wants to leave the European Union

:48:02. > :48:04.but already people are plotting and planning, discussing where it would

:48:05. > :48:11.go, how it would respond. Thank you very much. Sophie, I suppose like

:48:12. > :48:15.any divorce, it is messy, recriminations and anger before you

:48:16. > :48:20.ever get to the practicalities of sorting things out. Back to you.

:48:21. > :48:26.Matthew, thank you. What has been messy this morning is what's been

:48:27. > :48:30.going on in the city. Simon Jack is there. He is monitoring the markets.

:48:31. > :48:35.In the aftermath of this result, the pound literally fell off a cliff,

:48:36. > :48:42.more than 120 billion wiped off the value of the markets. What is the

:48:43. > :48:47.situation now? Sophie, you're right, the first frontier of this shock

:48:48. > :48:52.wave within the financial markets, the pound had its deepest fall ever

:48:53. > :48:57.in the 72 years, since 1972, since floating freely. At midnight last

:48:58. > :49:02.night, the city thought it was right, backing Remain, but got a

:49:03. > :49:05.nasty shock when the Sunderland results came through and in the

:49:06. > :49:11.pound continued to fall as the results came in. 10% at one point,

:49:12. > :49:16.more than double the amount the pound fell on Black Wednesday back

:49:17. > :49:20.in 1992. Mark Carney reassured financial markets and that the banks

:49:21. > :49:24.will be fine, we are looking after everyone and so there was some

:49:25. > :49:29.comfort there. Then the question now, in a way, moving to the rest of

:49:30. > :49:36.the economy, how is this going to hit businesses, jobs, people

:49:37. > :49:45.importing, getting more expensive, and talk about MSc divorce, I have

:49:46. > :49:50.someone here caught Paul marriage which runs a fund looking at smaller

:49:51. > :49:54.companies. You own a small business what's going through your mind? The

:49:55. > :49:59.thing you're looking at is continuity here. We are investing in

:50:00. > :50:02.tomorrow. Anyone who runs a small business is hoping to be a big

:50:03. > :50:06.company tomorrow, a big company of tomorrow today, if you know what I

:50:07. > :50:10.mean, so it's a good opportunity for them. Weak sterling is good for

:50:11. > :50:16.exporters. We are generally quite a good exporting economy. A weak

:50:17. > :50:21.consumer will have a negative impact on consumer related companies like

:50:22. > :50:24.imports, as well, so it's a two-way pool overall. I think for a lot of

:50:25. > :50:29.companies, they will say business as normal, the Sun came up this

:50:30. > :50:32.morning, and will crack on. We are a dynamic economy. A lot of

:50:33. > :50:37.entrepreneurial people know we are pretty good of the country. So keep

:50:38. > :50:42.calm and carry on as your message. Let's look at the European stock

:50:43. > :50:45.markets in Brussels. A very interesting story because the other

:50:46. > :50:52.stock markets around Europe, the French market down 7.5, Spanish,

:50:53. > :50:56.down ten, Italian, down much more than the UK stock market, which

:50:57. > :51:01.shows this is a big impact on the economic fortunes of the European

:51:02. > :51:04.Union. I suppose this is a conversation we are having in this

:51:05. > :51:10.country, potentially coming to these countries soon? Yes, these countries

:51:11. > :51:14.will be looking at what their population think of result and they

:51:15. > :51:18.will think there will be more instability in coming months, hence

:51:19. > :51:21.the big falls in Europe. Mutually non-beneficial is the answer we are

:51:22. > :51:26.getting from the city. When it comes to jobs, a lot of people in the city

:51:27. > :51:30.are saying some banks are saying they may need to move some of their

:51:31. > :51:34.staff to Europe to serve European clients, it depends how the

:51:35. > :51:39.negotiations go, we have months and years ahead but in the city, some

:51:40. > :51:44.jobs currently in London may find their way to Europe. As you can see,

:51:45. > :51:49.although the UK market has recovered a little bit, the stock market in

:51:50. > :51:56.Europe is a sea of red and red means down. Simon, inner-city with the

:51:57. > :52:00.latest, thank you. In America, still very early in the morning, no

:52:01. > :52:07.reaction from America itself, but Donald Trump, by chance, is in the

:52:08. > :52:10.UK today. He survived in Ayrshire at his golf course. He gave his

:52:11. > :52:18.reaction to the verdict a short time ago. I said this was going to happen

:52:19. > :52:21.and I think it's a great thing. We will see but I think it's going to

:52:22. > :52:26.be a great thing. Any words for David Cameron? Basically, they took

:52:27. > :52:32.back the country. It's a great thing. I great thing, an amazing

:52:33. > :52:36.vote, very historic, that's what Donald Trump said this morning.

:52:37. > :52:37.Let's get some reaction from the public from Victoria Derbyshire in

:52:38. > :52:50.Manchester. Right, Britain is out, some voted to

:52:51. > :52:57.Leave. What word would you use to describe how you're feeling right

:52:58. > :53:03.now? Optimistic. Disappointed. I voted Leave and I'm optimistic

:53:04. > :53:08.because now we can negotiate our own free-trade agreements with the rest

:53:09. > :53:15.of the world but mainly, working hard and being a pay rise, not a big

:53:16. > :53:22.thing. I'm quite worried, Victoria. I voted Remain because I thought

:53:23. > :53:29.would would be better for jobs and the economy. The campaign to been so

:53:30. > :53:34.divisive. I think we need to unite, so we have voted... How easy will it

:53:35. > :53:39.be to unite, do you think? It'll take a long time. There have been

:53:40. > :53:44.things said in this campaign, horrible said about Muslims,

:53:45. > :53:49.immigration, and you expect people to forget that overnight? We can

:53:50. > :53:57.accept the result, we are leaving... I voted to Remain. I have always

:53:58. > :54:03.been Leave so not devastated. I work with young Asian Muslims and they

:54:04. > :54:07.want to leave because they think immigration will be opened up to

:54:08. > :54:10.South Asia. You all agree the country is divided. What is the way

:54:11. > :54:14.we are going to bring people together if you think that's the

:54:15. > :54:20.right thing to do? I thought David Cameron would remain for some time.

:54:21. > :54:25.And implement the changes. It needs to happen. I'm disappointed that he

:54:26. > :54:32.has announced he has resigned. So he's not the man to do it. Who is?

:54:33. > :54:39.We are all able to work together. I don't think we are divided. We have

:54:40. > :54:43.had elections before. We need to get on and get the job done now and work

:54:44. > :54:47.together and move forward. It was always on a knife edge and could

:54:48. > :54:53.have gone either way. Those people who voted Remain need to accept. I

:54:54. > :54:55.voted Remain, I accepted, I want to the country moving forward and the

:54:56. > :55:00.one thing the British public do not want is the media, newspapers using

:55:01. > :55:05.words like catastrophe, disaster. We need to be moving forward, muster

:55:06. > :55:09.the great reddish stiff upper lip and get on with it now. That's what

:55:10. > :55:19.we need to do. I want to bring in Susanna. Suzanne, you voted? Leave.

:55:20. > :55:25.I feel excited about the decision and I'm quite surprised it went that

:55:26. > :55:32.way. That Adam said earlier. He voted Leave didn't expect it. That

:55:33. > :55:36.was a surprise. I'm shocked David Cameron is going to step down. I'm

:55:37. > :55:41.not the biggest Conservative supporter but he's done well the

:55:42. > :55:46.economy. As long as some stability, the important thing at the moment is

:55:47. > :55:49.they really bring in the people who wanted to Remain. When they start

:55:50. > :55:54.talking about the leaving process itself. Who do we think is the right

:55:55. > :56:02.person, the right person to lead Britain out of the EU? Theresa May.

:56:03. > :56:05.A Labour Government? There needs to be a cross-party plan put together

:56:06. > :56:09.from both sides, far more people from the industrial world to come in

:56:10. > :56:20.and assist the Government. How realistic is that? A cross-party

:56:21. > :56:23.group of politicians? We need to come together and join together and

:56:24. > :56:29.work together. So Great Britain can be greater still, because this is a

:56:30. > :56:35.tumultuous time in the economy. I'm looking for names. Theresa May have

:56:36. > :56:38.conducted herself very well. She sided with a Government which any

:56:39. > :56:45.good frontbencher will do however I think she is sensible, she could do

:56:46. > :56:50.the job. Whoever comes in, the problem is, we get into a period

:56:51. > :56:53.when no decisions are made because everybody will sit on the fence

:56:54. > :56:56.until there was a change in the Conservative Government or whether

:56:57. > :57:01.that is a snap election, I don't know. What person would put

:57:02. > :57:09.themselves in a win-win position and that's Boris Johnson. He will do it.

:57:10. > :57:16.I hope George Osborne will do it, he has got knowledge of the economy,

:57:17. > :57:20.that is what I think. I think Theresa May has put herself in a

:57:21. > :57:23.perfect session, she stayed relatively out of the debate and

:57:24. > :57:29.rose about it to take a statesman style approach. She is a Remainer,

:57:30. > :57:34.you think she would be the right person to lead Britain out of the

:57:35. > :57:38.EU? She would be good to lead a coalition of groups. You need to

:57:39. > :57:43.bring in the people on the Leave side and the Remain side, you need a

:57:44. > :57:47.combination of them in order to make those decisions. That is how you

:57:48. > :57:53.bring the people who wanted to Remain into the process. I think it

:57:54. > :57:57.has to be somebody who passionately believes in Brexit, that is what the

:57:58. > :58:02.country has voted for. Somebody you will drive us forward. Plenty more

:58:03. > :58:03.time later, but thank you for the moment. More from Manchester

:58:04. > :58:06.throughout the morning. The UK has voted to leave

:58:07. > :58:09.the European Union in the most The Prime Minister, David Cameron,

:58:10. > :58:13.has announced he will 52% of people who cast

:58:14. > :58:19.a ballot made the momentous The Prime Minister gave an emotional

:58:20. > :58:28.address explaining his decision. I fought this campaign

:58:29. > :58:31.in the only way I know how, which is to say directly

:58:32. > :58:38.and passionately what I think I was absolutely clear

:58:39. > :58:43.about my belief that Britain is stronger,

:58:44. > :58:45.safer and better off And I made clear that the referendum

:58:46. > :58:54.was about this and this alone - not the future of any single

:58:55. > :58:58.politician including myself. But the British people have made

:58:59. > :59:01.a very clear decision And as such I think the country

:59:02. > :59:06.requires fresh leadership to take The man who could replace him -

:59:07. > :59:16.the victorious Vote Leave campaigner Boris Johnson -

:59:17. > :59:18.battles though a scrum of supporters and opponents as he leaves his

:59:19. > :59:28.house without comment. We expect to hear from him in the

:59:29. > :59:31.next hour. Leave campaigners are jubilant,

:59:32. > :59:33.saying it sends a stinging message to the European Union's political

:59:34. > :59:41.elites. The governor of the Bank of England

:59:42. > :59:46.says he will do what is necessary to support financial markets

:59:47. > :59:52.and is making available ?250 billion Tory leadership speculation is

:59:53. > :59:57.mounting in Westminster as the David Cameron's announcement that he is

:59:58. > :00:00.going, but the replica versions have rocked the British establishment. I

:00:01. > :00:05.am talking to leading politicians and commentators about what happens

:00:06. > :00:09.next, both on the UK political scene and the future of the UK outside the

:00:10. > :00:13.EU, and the EU itself. In Manchester we will talk to voters

:00:14. > :00:18.about the momentous decision that some of them have made, and the

:00:19. > :00:23.dramatic ramifications. There is quite a sombre mood in here now as

:00:24. > :00:27.to David Cameron's announcement, occluding from Leave voters. So we

:00:28. > :00:41.will ask about hopes and fears for the United Kingdom now.

:00:42. > :00:47.After more than 40 years, Britain has voted to end its membership

:00:48. > :00:53.The vote itself was close but it was decisive -

:00:54. > :01:02.52% chose to leave the EU and 48% wanted to stay.

:01:03. > :01:09.David Cameron has announced that he would step down as a minister. He

:01:10. > :01:14.argued strongly for the Remain campaign, he said the will of the

:01:15. > :01:15.country must be respected and fresh leadership was required, with the

:01:16. > :01:19.new Prime Minister by October. As the result became clear,

:01:20. > :01:21.the pound plummeted to levels not seen since 1985 and this morning

:01:22. > :01:24.more than ?120 billion was wiped off the value of the financial markets

:01:25. > :01:27.opened sharply down. The final result shows

:01:28. > :01:29.that Leave won by more than a million votes ? overall,

:01:30. > :01:31.17.4 million people voted That compares with the 16.1 million

:01:32. > :01:35.voters who backed Remain. More than 72% of eligible

:01:36. > :01:39.voters took part. In England more than 15 million

:01:40. > :01:42.people voted for the UK to leave the European Union -

:01:43. > :01:47.13.2 million people backed Remain. In Scotland every voting area came

:01:48. > :01:50.out in favour of Remain ? 62% of Scottish voters backed Remain

:01:51. > :01:56.with 38% backing a Leave vote. In Wales, Leave won over 52%

:01:57. > :01:59.of the vote and secured the most votes in all but five

:02:00. > :02:04.of the 22 counting areas. In Northern Ireland -

:02:05. > :02:07.the only part of the UK that shares a border with the European Union -

:02:08. > :02:09.voters backed Remain with 55% of voters choosing

:02:10. > :02:12.to remain in the EU, Well, that's how the results

:02:13. > :02:21.across the UK look. We will, of course, be discussing

:02:22. > :02:24.in great detail what it all means for you, for the United Kingdom

:02:25. > :02:30.and for the European Union. But first our political

:02:31. > :02:32.correspondent Carole Walker reports There was no hiding

:02:33. > :02:39.the emotion as David Cameron, with his wife Samantha,

:02:40. > :02:44.emerged from Downing Street. He said the will of the British

:02:45. > :02:48.people must be respected, but as he had fought and lost

:02:49. > :02:51.the campaign to remain in the EU, the country should

:02:52. > :02:54.have a new Prime Minister. I fought this campaign

:02:55. > :02:57.in the only way I know how, which is to say directly

:02:58. > :03:00.and passionately what I think But the British people have made

:03:01. > :03:14.a very clear decision As such, I think the country

:03:15. > :03:17.requires fresh leadership to take I will do everything I can

:03:18. > :03:23.as Prime Minister to steady the ship over the coming weeks and months,

:03:24. > :03:26.but I do not think it would be right for me to try to be the captain

:03:27. > :03:29.that steers our country With turmoil and uncertainty

:03:30. > :03:39.in the financial markets, the Governor of the Bank of England

:03:40. > :03:42.said it was prepared to take further action to support the British

:03:43. > :03:56.economy if necessary. We have taken all the necessary

:03:57. > :04:02.steps to prepare for today's event is, in the future we will not

:04:03. > :04:05.hesitate to take any responsibility -- measures required to bear our

:04:06. > :04:08.responsibility as the United Kingdom moves forward.

:04:09. > :04:10.From the moment the results started coming in just after midnight,

:04:11. > :04:19.By the end of the night, they had won a clean sweep across the north

:04:20. > :04:23.of England, the Midlands, the East and West of England. London was the

:04:24. > :04:28.only region of England to support remaining a member of the EU. The

:04:29. > :04:33.result in Flintshire reflected the outcry across Wales, where voters

:04:34. > :04:38.backed Brexit. But Scotland voted by a clear majority to stay in the EU.

:04:39. > :04:41.Scotland's First Minister said it was clear that the people of

:04:42. > :04:47.Scotland see their future as part of the European Union. The results will

:04:48. > :04:51.bring fresh calls for a second referendum on Scottish independence.

:04:52. > :04:55.Northern Ireland has also voted to remain in the EU. Sinn Fein has said

:04:56. > :04:59.it intensifies the case for a vote on whether Northern Ireland should

:05:00. > :05:04.leave the United Kingdom. Shortly before five, it was clear

:05:05. > :05:05.that the UK had taken an historic decision to leave the European

:05:06. > :05:10.Union. At 4:40am, we can say the decision

:05:11. > :05:13.taken in 1975 by this country to join the Common Market has

:05:14. > :05:16.been reversed by this Ukip's leader Nigel Farage said

:05:17. > :05:20.he was thrilled that the country had decided to break free

:05:21. > :05:22.and what he called a failing, 17 million people have said we must

:05:23. > :05:34.leave the European Union. We now need a Brexit Government,

:05:35. > :05:37.a Government that gets on with the job, a Government that

:05:38. > :05:48.begins the renegotiation The Labour leader said

:05:49. > :05:53.he hoped the negotiations with the European Union

:05:54. > :06:00.would include efforts Clearly there are difficult days

:06:01. > :06:03.ahead, the value of the pound has fallen, there will be job

:06:04. > :06:07.consequences as a result of this decision.

:06:08. > :06:11.A momentous day for Britain, for Europe, as the country and bugs on a

:06:12. > :06:14.new and uncertain future, outside the EU and under a different leader

:06:15. > :06:27.-- as the country and box on. In a moment we will be going to the

:06:28. > :06:31.City with Simon Jack. But with this now is resistant political editor

:06:32. > :06:36.Norman Smith. We saw from the erection outside Boris Johnson's

:06:37. > :06:39.house at the left, boos and cheers. A divided nation, but you have to

:06:40. > :06:43.think of the millions and millions of people who were jubilant, because

:06:44. > :06:49.finally they have got what they wanted, we are leaving the EU.

:06:50. > :06:53.Dejection for some, utter joy for others. I spoke to one leading

:06:54. > :06:57.Brexit campaigner who compared it to the reparation them -- Reformation.

:06:58. > :07:03.His view was that it was a chance for Britain to be reborn,

:07:04. > :07:08.unconstrained by continental Europe, there would be a modern version of

:07:09. > :07:13.the Elizabethan age with Bowring British culture, self-confidence and

:07:14. > :07:18.power. For them it has been a long, persistence and attritional

:07:19. > :07:20.campaign. But it is a very divided country, both geographically with

:07:21. > :07:25.London and Scotland voting overwhelmingly to remaining, pretty

:07:26. > :07:29.much everywhere else to get out. Also in terms of class and culture.

:07:30. > :07:33.You look at some of the more aptly learned, prosperous cities where

:07:34. > :07:38.there are graduates, they tended to vote in -- affluence, prosperous.

:07:39. > :07:43.But large swathes where they have suffered through the decline of

:07:44. > :07:46.older industry and not really seen rebirth in their communities, I

:07:47. > :07:50.think they have felt a grievance that while in places like London

:07:51. > :07:56.things seem to be going well, they were not able to walk on the Sony is

:07:57. > :08:04.the side of the street. That is most shown in traditional Labour areas

:08:05. > :08:09.where huge numbers of Labour voters decided to Leave. 70% in Hartlepool.

:08:10. > :08:13.Massive majorities. This tells a story about the two nation Britain

:08:14. > :08:19.which has been thrown up by the referendum. Seismic changes ahead,

:08:20. > :08:23.not least at number ten. Events are moving so fast. Mr Cameron has

:08:24. > :08:28.announced he is standing down. He says he will remain until the party

:08:29. > :08:32.conference in sober, in effect he is a caretaker Prime Minister. The

:08:33. > :08:37.leadership conference will begin now -- party conference in October. I

:08:38. > :08:41.understand some of the likely players are considering their

:08:42. > :08:45.options. It has to now. The party membership is to choose eventually

:08:46. > :08:51.between two candidate, that will take about a month's worth of ballot

:08:52. > :08:55.papers, which will take you to the end of August. MPs will have to

:08:56. > :09:00.choose the two. Parliament goes into recess in July, so they need to

:09:01. > :09:05.choose that now. That process begins now, Boris Johnson is in pole

:09:06. > :09:08.position, without him, I doubt the Brexit campaign would have had

:09:09. > :09:13.anything like the impetus and momentum, they not have won. On the

:09:14. > :09:18.Labour side, growing rumblings that now has come the time to move

:09:19. > :09:23.against Jeremy Corbyn, I think you will find Labour figures later this

:09:24. > :09:26.morning calling publicly for Corbyn to reconsider his position because

:09:27. > :09:33.of the lacklustre campaign he fought. He went to the campaign

:09:34. > :09:38.saying he was not much of a fan of the EU, they blame him for failing

:09:39. > :09:42.to carbonise the Labour vote. We might end up with Cameron and Corbyn

:09:43. > :09:47.gone, you could almost ended with a wee shaping of Westminster politics.

:09:48. > :09:52.In the back of that, we could have a general election sooner rather than

:09:53. > :09:56.later, even. All change. All change, who knows? As the

:09:57. > :09:59.results came clear in the early hours, the pound plunged, it

:10:00. > :10:05.literally fell off the cliff. Let's go to the City, to our business

:10:06. > :10:08.editor Simon Jack who is there. Mark Carney, the governor of the Bank of

:10:09. > :10:18.England has been seeking to reassure markets. What is Jewish and now?

:10:19. > :10:22.This is not what they expected? -- what is the situation now? Was the

:10:23. > :10:36.nagging question, were the bookies and the City right, or was it the

:10:37. > :10:40.polls. The pound was worth $1.5, its highest of 2016. It got an almighty

:10:41. > :10:44.reckoning in the small hours of the morning, falling 10%, peak to

:10:45. > :10:49.trough, more than double the amount it fell on Black Wednesday back in

:10:50. > :10:53.1992. They were looking for reassurance, Mark Carney said, don't

:10:54. > :10:57.worry, I have your back on the Bank of England is ready to put into

:10:58. > :11:05.Madrid and ?50 billion of extra liquidity, it seemed to work. -- to

:11:06. > :11:13.put in an extra 200 billion -- ?250 billion. It is not just in the UK

:11:14. > :11:19.but around Europe, let me show you the European stock markets. In

:11:20. > :11:23.Spain, down 10%. In Italy, down 10%, down twice as much as the City in

:11:24. > :11:30.the UK. A lot of investors are saying this could be as bad as some

:11:31. > :11:33.of the European economies, if not worse. The business leaders have

:11:34. > :11:37.said that we respect the opinion of the British people, are people like

:11:38. > :11:41.JP Morgan in the City are saying they might have to move some people

:11:42. > :11:46.if we had to be near European clients and within the EU, we might

:11:47. > :11:50.have to move people around. A lot of nervousness, shock this morning, now

:11:51. > :11:56.questions being asked. Nobody will lose their job today, we have

:11:57. > :11:59.months, days, weeks and even years to negotiate the finer points of how

:12:00. > :12:03.to deal with the rest of the world, but shock waves are being felt in

:12:04. > :12:07.the City and reverberations will begin to trickle through to the real

:12:08. > :12:12.economy. In what ways, it is too early to say.

:12:13. > :12:18.Politicians are getting the ring to react to the result and the

:12:19. > :12:24.resignation of David Cameron, who says he will step down by October.

:12:25. > :12:29.Some have campaigned for Brexit for their whole political lives, for

:12:30. > :12:34.others, it is something they have never wanted to see. Nigel Farage

:12:35. > :12:38.said the referendum was won because of large numbers of Labour

:12:39. > :12:39.supporters who voted against the party leadership, who were

:12:40. > :12:54.campaigning for Remain. I am joined by John Mann MP, one of

:12:55. > :12:59.a number of sub -- Labour MPs, who campaigned to leave, as well as

:13:00. > :13:06.Douglas Carswell. The Prime Minister has fallen on his sword, should

:13:07. > :13:09.Jeremy Corbyn followed his example? Not in the short-term, he should be

:13:10. > :13:14.coming up with an agenda for what should happen. It is Labour voters

:13:15. > :13:19.who won this referendum. That creates a mandate for the new Tory

:13:20. > :13:25.leader, and that mandate is not to run a gone any of the workers'

:13:26. > :13:30.rights issues, the paid holidays, maternity pay, working hours, and a

:13:31. > :13:35.quick victory can be to reverse the privatisation of the NHS, which the

:13:36. > :13:43.EU has allowed in my area. That is what Jeremy ought to be on the front

:13:44. > :13:47.foot with, and there is a mandate from this extraordinary referendum

:13:48. > :13:52.for that. I am told there is a letter signed by 55 Labour MPs

:13:53. > :13:57.calling for Jeremy Corbyn to go. It will be delivered next week. Have

:13:58. > :14:03.you seen that? No. Would you sign it? It is a distraction. The big

:14:04. > :14:09.issue is what the agenda should be. That is what is critical now. One of

:14:10. > :14:14.the problems, we spend too much time looking at who does the job, we did

:14:15. > :14:18.it after the election defeat in 2015, not enough time thinking

:14:19. > :14:23.through the lessons to be learned. Our voters have voted the way that I

:14:24. > :14:29.thought they should vote, and they voted in large numbers. Not every

:14:30. > :14:34.Labour MP understands that. Why does Labour now no longer represent the

:14:35. > :14:41.nonmetropolitan working classes? Labour has failed to listen and it

:14:42. > :14:45.has failed... It has not had the courage to talk about immigration.

:14:46. > :14:52.That is the issue that people have not been prepared to talk about. I

:14:53. > :14:59.get tweets calling me racist. Total nonsense. I am not a racist, I am an

:15:00. > :15:04.active anti-racist, and neither are my constituents who voted to leave.

:15:05. > :15:09.Labour needs to get its head around the immigration argument. Jeremy

:15:10. > :15:13.Corbyn said he does not think there should be any upper limit on

:15:14. > :15:18.immigration. That is why he needs to spend time with my Labour voters and

:15:19. > :15:22.others in the north of England, understanding their aspirations,

:15:23. > :15:30.views and perspective. What happens now to Ukip? Have you not lost your

:15:31. > :15:33.reason for existing? So much of politics is a cartel. Many people

:15:34. > :15:36.who voted will feel that the party they normally vote for is led by

:15:37. > :15:41.people who have more in common with one another here than they do with

:15:42. > :15:46.those who they supposed to represent. We need change to break

:15:47. > :15:50.the cartel, I hope Ukip can be the change, but you have to be

:15:51. > :15:55.optimistic, forward-looking, you cannot do nativism. We have voted to

:15:56. > :16:00.leave, that was the primary purpose of Ukip, the Tories will now pick a

:16:01. > :16:10.Brexit leader, somebody in favour of coming out, what is Ukip's appeal to

:16:11. > :16:17.wavering Tories? It is Labour that is the potential growth market for

:16:18. > :16:20.Ukip. Not the Tories? There are some Conservatives who could still come

:16:21. > :16:27.to Ukip, but we have maxed out that market. The big growth market... You

:16:28. > :16:32.only have one MP. The party of Keir Hardie is in favour of giving

:16:33. > :16:37.technocrats and bankers in Brussels and Europe control over people's

:16:38. > :16:43.lives, that is not the party that Keir Hardie foundered. We need to

:16:44. > :16:52.compete for those votes. You tell him about the Labour Party. My

:16:53. > :16:58.family has been in the Labour Party or the way through. The heartland

:16:59. > :17:07.voters are Labour voters. Splitting and dividing the Tory elite...

:17:08. > :17:13.Digitech viewpoint... We need to use the term reconnect with those

:17:14. > :17:17.voters, that means changing some policies to meet their aspirations,

:17:18. > :17:22.and that is what we have not done sufficiently. Is Ukip now more of a

:17:23. > :17:27.threat to Labour in the North than to the Tories in the South? The

:17:28. > :17:30.threat is the Tory party. Never underestimate the Tory party

:17:31. > :17:36.recreated itself the power. This gives us a chance. This mandate for

:17:37. > :17:43.change is a mandate against privatisation and it is a mandate

:17:44. > :17:47.for pay, conditions, workers' right. The party that will be most

:17:48. > :17:50.successful in appealing to this new disaffected electorates is going to

:17:51. > :17:55.be the party that practices a bit of open source democracy. Instead of a

:17:56. > :18:01.small elite in Westminster choosing the candidates, let's use open

:18:02. > :18:08.primaries, let's let members decide policy. If parties want to appeal to

:18:09. > :18:13.people disaffected by the part L -- by the cartel, there needs to be

:18:14. > :18:18.fundamental change. Should Labour, or the opposition, the involved in

:18:19. > :18:27.the Brexit talks? Yes, the Government should allow them, there

:18:28. > :18:31.should be a cross-party involvement. We should get the best terms and

:18:32. > :18:38.deliver voice should be heard. And Ukip? We need consensus, a huge

:18:39. > :18:45.minority voted for Remain, we need to respect that. I would love to be

:18:46. > :18:52.involved. That go to Victoria in Manchester.

:18:53. > :19:01.We have got and, with six-month-old heaven. She is going to grow up in

:19:02. > :19:07.an independent Great Britain, what do you think of that? I feel

:19:08. > :19:11.devastated. Knowing that my daughter will be growing up in an inward

:19:12. > :19:15.looking country. One that I am scared about living in, because it

:19:16. > :19:20.feels that there is so much hate being bred by the media and by

:19:21. > :19:24.certain political parties. I want her to have the ability to learn

:19:25. > :19:29.about other cultures and be part of a Europe that I see as really

:19:30. > :19:38.positive and four other children in this country. Leaving the EU does

:19:39. > :19:41.not mean she can do that. It is the political climate and the attitude

:19:42. > :19:48.of others that will influence her and other children. We have got

:19:49. > :19:55.Francesca, 24-year-old, from Manchester. You voted to remain,

:19:56. > :19:59.what are you thinking? I did not think I would be here, I thought it

:20:00. > :20:03.would not be something that would affect me, I thought it would be

:20:04. > :20:10.similar to the Scottish referendum, when nothing changed. You thought

:20:11. > :20:16.Leave woodwind? Definitely, and it is the unknown now. With younger

:20:17. > :20:21.voters, UC Nigel Farage claiming the NHS money would go back to them, and

:20:22. > :20:25.then going back on it, it is like when the Liberal Democrats said

:20:26. > :20:29.student fees would be eliminated, young people don't trust politics.

:20:30. > :20:38.What do you think about your future? A question mark. We have an, who is

:20:39. > :20:48.32, Francesca, 24, they both voted Remain. I am 64. You voted to leave.

:20:49. > :20:56.Why? Fundamentally, it was about democracy. I'm surprised that we

:20:57. > :20:59.won, because I can't believe the massed ranks of ordinary people felt

:21:00. > :21:05.confident enough to vote against the massed ranks of the establishment.

:21:06. > :21:13.What about the 48% of people who voted Remain? It would be the same

:21:14. > :21:20.the other way around. There is nothing more than aquatic than this

:21:21. > :21:26.boat. Some of the voting for constituencies is rigged. You may

:21:27. > :21:34.say that! You know what the outcome will be. But on this, you do not

:21:35. > :21:39.know. One man, one vote, it can't equal, we got 52%. I would have

:21:40. > :21:46.accepted 48%. And one woman, one vote as well! Be hopeful. People

:21:47. > :21:50.have come together from both sides, good conversation, there is no

:21:51. > :21:54.reason why it cannot transfer across the country. More from Manchester

:21:55. > :22:00.later. This result will have huge

:22:01. > :22:04.implications across the UK. Let's get reaction from Scotland, Wales

:22:05. > :22:05.and Northern Ireland and find out what the consequences of the vote

:22:06. > :22:19.could repeatedly. Hello from Edinburgh, a city which

:22:20. > :22:22.is always seen as a great European capital, so it is no surprise to

:22:23. > :22:30.anyone that the city which is sometimes called the Athens of the

:22:31. > :22:34.North should have voted to remain in the EU, 62% of Scottish people want

:22:35. > :22:38.to stay within the EQ, which raises a big question, if the people of

:22:39. > :22:43.Scotland want to remain in and the people of England want to get out,

:22:44. > :22:50.is it time for Scotland to breakaway from England? That is the big

:22:51. > :22:57.subject of discussion here. Within the next hour, we expect the colour

:22:58. > :23:02.sturgeon -- Nicola Sturgeon to perhaps open the case for a second

:23:03. > :23:06.referendum. It is a concentrated procedure, section 30 of the

:23:07. > :23:09.Scotland act, it would require negotiations with Westminster, but

:23:10. > :23:14.that is what the SNP faithful would like to do. David Cameron's legacy

:23:15. > :23:25.could be that he is seeing not only written leaving the EU, but also the

:23:26. > :23:31.end of the United Kingdom. In Wales, 17 of the 22 local

:23:32. > :23:36.authorities here voted out, and it is there to say that the Remain camp

:23:37. > :23:42.were not showing -- expecting such a strong showing for a Brexit. A 5%

:23:43. > :23:47.gap tween them and Remain. The turnout was 72%, that is

:23:48. > :23:54.significantly higher than the Welsh assembly elections last month, 45%.

:23:55. > :23:59.The majority of those areas that voted to leave our areas that

:24:00. > :24:05.benefit from EU funding, Blaenau Gwent, told fine and Caerphilly.

:24:06. > :24:12.Reacting to the news, Carwyn Jones gave a statement. He said, now that

:24:13. > :24:16.Wales and Britain have left, the way that Wales is funded will have to be

:24:17. > :24:20.renegotiated. Wales is a net beneficiary from the

:24:21. > :24:23.EU to the tune of hundreds of millions of pounds. There is now an

:24:24. > :24:28.overwhelming case for a major and immediate revision of the Barnett

:24:29. > :24:33.formula, taking into account needs arising from EU withdrawal. I will

:24:34. > :24:38.make the call today and in the days to come for the promise that was

:24:39. > :24:44.made to Wales that Wales would not lose a penny as a result of the

:24:45. > :24:51.result last night. I will call for that promise to be honoured.

:24:52. > :24:56.Finally, withdraw from the EU is a massive constitutional shift for the

:24:57. > :25:01.UK. It has equally far ranging implications for the devolution

:25:02. > :25:04.settlement. The relationship between devolved administrations and the UK

:25:05. > :25:13.Government must now be placed onto an entirely different footing.

:25:14. > :25:18.Some have said that the Remain camp in Wales were too slow to react

:25:19. > :25:23.after last month's Welsh assembly, seven Ukip members were elected in

:25:24. > :25:28.the Senate in Cardiff Bay. The Labour vote was down by 7%, some

:25:29. > :25:33.said they were too slow and did not realise there was such a strong vote

:25:34. > :25:39.for a Brexit. Neil Hamilton has said he is delighted, if not slightly

:25:40. > :25:43.surprised, with today's result. Here in Northern Ireland there was a

:25:44. > :25:51.vote to remain, but when you look at the figures, 56% for Remain and 44%

:25:52. > :25:54.for Leave, some Remain campaigners will be disappointed they did not

:25:55. > :26:01.get more of their vote out. When you break down the figures, it does seem

:26:02. > :26:06.to show that nationalists did not engaged, they were more likely to

:26:07. > :26:10.vote Remain, whereas Unionists what their vote out, they were more

:26:11. > :26:15.likely to vote for Leave. The DUP were one of the most vocal of the

:26:16. > :26:21.Leave campaigners, the biggest party at Stormont, and they have welcomed

:26:22. > :26:26.the vote across the UK for a vote to leave the EU. That has major

:26:27. > :26:31.publications here and implications. There is the question of the

:26:32. > :26:34.economy, a lot of cross-border trade between here and the Republic of

:26:35. > :26:38.Ireland, and a big trading partner with the rest of the UK, the

:26:39. > :26:42.Republic. There are questions about what will happen to that and what

:26:43. > :26:45.will happen to that border that exists currently. Lots of talk about

:26:46. > :26:50.whether there would have to be customs checkpoints or checks

:26:51. > :26:54.between the islands if that was going forward. There are questions

:26:55. > :26:59.about whether there should be some kind of independence referendum

:27:00. > :27:03.here. Not in terms of complete independence, but of a united

:27:04. > :27:07.Ireland, a border poll has been called for by Sinn Fein, it has been

:27:08. > :27:12.ruled out by the DUP this morning, but it has started a debate, and

:27:13. > :27:13.these questions about the EU have raised a lot of questions about the

:27:14. > :27:30.UK. Chris Buckler in Belfast, Thomas

:27:31. > :27:33.Mason in Cardiff - Tomos Morgan, apologies, in Cardiff, and Gavin

:27:34. > :27:40.Esler in Edinburgh. Thank you all very much. You are watching a

:27:41. > :27:44.special EU referendum programme, with me, Sophie Raworth. We can now

:27:45. > :27:49.go over to the newsroom for a summary of the latest news, with

:27:50. > :27:54.Joanna Gosling. After more than 40 years, the UK is to end its

:27:55. > :28:00.membership of the European Union. The decision has been decisive, with

:28:01. > :28:03.the Leave campaign securing its victory by a margin of more than 1

:28:04. > :28:07.million votes. David Cameron has said he will step down and a new

:28:08. > :28:12.Prime Minister will be in place within months. 17.4 million people

:28:13. > :28:18.voted for the UK to leave the EU, compared with 16.1 million voters

:28:19. > :28:24.who backed Remain. Turnout was 72%, the highest level in a nationwide

:28:25. > :28:32.ballot in the UK since 1992. As the UK work up to the news, but it is to

:28:33. > :28:35.exit the European Union, Leave campaigners were celebrating. Nigel

:28:36. > :28:38.Farage lead those in Westminster, saying the 23rd of June should now

:28:39. > :28:43.be regarded as Britain is Independence Day. Those from the

:28:44. > :28:48.Remain camp described the result is a catastrophe. Supporters of Remain

:28:49. > :28:51.consoled each other as the campaign received lower-than-expected support

:28:52. > :28:57.across swathes of England, including the Midlands and the north. Speaking

:28:58. > :29:00.outside Downing Street, David Cameron said he will resign as Prime

:29:01. > :29:04.Minister, with a new leader appointed by, so. I think the

:29:05. > :29:11.country requires fresh leadership to take it in this direction. -- by

:29:12. > :29:14.October. I will do everything I can as the Prime Minister to steady the

:29:15. > :29:19.ship over the coming weeks and months. But I do not think it would

:29:20. > :29:23.be right for me to try to be the captain who steers our country to

:29:24. > :29:27.its next estimation. This is not a decision I have taken lightly. But I

:29:28. > :29:31.do believe it is in the national interest to have a period of

:29:32. > :29:35.stability, and then the new leadership required. There is no

:29:36. > :29:39.need for a precise timetable today. But in my view we should aim to have

:29:40. > :29:44.a new Prime Minister in place by the start of the Conservative Party

:29:45. > :29:47.conference in October. The former London mayor and leading Brexit

:29:48. > :29:51.campaigner Boris Johnson, who has been a prominent figure in the Vote

:29:52. > :29:56.Leave campaign, was met with boos from demonstrators as he left his

:29:57. > :30:00.north London home a short while ago. He is now a leading candidate to

:30:01. > :30:07.succeed David Cameron as Prime Minister. He battled his way through

:30:08. > :30:13.a scrum of police and prostate is -- and protesters, to boos and cheers,

:30:14. > :30:18.without comment. The results have upset the world financial markets.

:30:19. > :30:24.Pound plunged in the biggest one-day drop in 30 years, falling to levels

:30:25. > :30:26.not seen since 1985. The Governor of the Bank of England, Mark Carney,

:30:27. > :30:31.who had previously warned of the dangers of voting to leave the EU,

:30:32. > :30:37.sought to reassure the markets, saying the Bank was well-prepared

:30:38. > :30:42.for a Leave vote. We have taken all the necessary steps to prepare for

:30:43. > :30:48.today's events. And in the future, we will not hesitate to take any

:30:49. > :30:51.additional measures required to meet our responsibilities as the United

:30:52. > :30:57.Kingdom goes forward. We can go back now to Sophie Raworth in Downing

:30:58. > :31:02.Street. Thank you very much. So, big questions about what this decision

:31:03. > :31:08.will now mean for the United Kingdom. Big questions, too, for

:31:09. > :31:12.what it will mean for the future of the European Union and for its 27

:31:13. > :31:15.other member states. The European Parliament has held an emergency

:31:16. > :31:21.meeting this morning. Matthew Amroliwala is in Brussels for us.

:31:22. > :31:29.Thank you very much. They are absolutely stunned here at the heart

:31:30. > :31:32.of the EU. Earlier in the day, the Council President, Donald Tusk, said

:31:33. > :31:37.this is not the time for hysterical reaction. He may say that, but this

:31:38. > :31:41.is a seismic decision for the EU as a whole. Let's gauge the mood around

:31:42. > :31:45.European capitals. We have Jenny Hill in Berlin, Hugh Schofield in

:31:46. > :31:55.Paris and cash in Madeira in Warsaw. Jenny Hill, first of all, how

:31:56. > :31:58.difficult is this exit going to be? Well, I have spent the morning here

:31:59. > :32:04.in the German parliament, and I can tell you that the sense of shock and

:32:05. > :32:07.disbelief is really very striking. Even at the very highest level I

:32:08. > :32:12.think here in Germany, nobody really expected this. We are already

:32:13. > :32:16.getting the sense from politicians here that they are not going to make

:32:17. > :32:20.it easy for Britain to negotiate some kind of new relationship with

:32:21. > :32:24.the EU. Already, three MPs have said to me separately, Britain cannot

:32:25. > :32:28.expect to cherry-picked when it comes to renegotiating its

:32:29. > :32:31.relationship. There must be consequences for this decision. And

:32:32. > :32:36.there will be no special treatment. Out means out. Don't underestimate

:32:37. > :32:39.the sense of sadness there is here as well. The Vice Chancellor spoke

:32:40. > :32:45.for many I think when he treated first thing this morning - damn,

:32:46. > :32:49.this is a bad day for Europe! The reason MPs are starting to talk in

:32:50. > :32:54.such tough terms is because they are really concerned that this could

:32:55. > :32:58.precipitate potentially the erosion, even the break-up of the European

:32:59. > :33:01.Union. So they are very keen to discourage any other countries from

:33:02. > :33:04.following Britain to the door. Of course they're going to face a lot

:33:05. > :33:08.of lobbying from industry here in Germany. There are huge commercial

:33:09. > :33:12.ties between Germany and Britain. But for now there is very much a

:33:13. > :33:15.profound sense of shock. We are waiting to hear from Angela Merkel

:33:16. > :33:20.in the next couple of hours. Many of MPs have said this morning, this is

:33:21. > :33:24.a sad day for Britain, for Germany and for Europe. Let me hand you over

:33:25. > :33:29.to Hugh Schofield for the view from France. Yes, where President

:33:30. > :33:33.Hollande must have been one of many leaders in Europe who got up this

:33:34. > :33:39.morning feeling that the world had somewhat shifted on its axis after

:33:40. > :33:42.the seismic vote in Britain. The president has had a torrid time of

:33:43. > :33:47.it of late, with various other matters on his agenda. This is even

:33:48. > :33:53.more terrible news for him. He will be doing all he can to react to it.

:33:54. > :33:58.He's holding meeting now with inner cabinet. Up until now, the whole

:33:59. > :34:04.process of Europe has been one of integration. The watchword, the

:34:05. > :34:07.article of faith almost in France, has been integration. Now that this

:34:08. > :34:14.prospect has emerged of the very opposite, disintegration, that is

:34:15. > :34:17.preoccupying him greatly. He is meeting there with his inner cabinet

:34:18. > :34:21.and he will come out quite soon to give some kind of student statement.

:34:22. > :34:26.We can expect that he will say that he and other European leaders take

:34:27. > :34:32.note of the British decision, it is a democratic decision, and that

:34:33. > :34:35.therefore, he wants the process of separation to take place very

:34:36. > :34:40.quickly indeed. I think there will be very little patience here for any

:34:41. > :34:44.kind of delay in invoking article 50. He will be very clear that there

:34:45. > :34:50.will be no favours given to Britain, no halfway house in the British

:34:51. > :34:55.separation. For the rest of it he will talk about the EU and the need

:34:56. > :34:59.for moving forward and the need for, as Jenny was saying, no more

:35:00. > :35:03.contagion. The great fear here is Le Pen and the National Front rushing

:35:04. > :35:09.its agenda, taking advantage of this. I can hand you over to our

:35:10. > :35:14.correspondent in Warsaw now. I can say that that sense of shock here in

:35:15. > :35:17.Poland is absolutely echoed. The Foreign Minister said that this is

:35:18. > :35:24.bad news for Europe and add news for Poland. Let's not forget that Poland

:35:25. > :35:29.has around 1 million or so nationals living and working in the UK. What

:35:30. > :35:33.is going to happen to all of these people worry their future is

:35:34. > :35:37.uncertain. And their future is of deep concern for government here in

:35:38. > :35:44.this country, because they send back around $1 billion a year. So, a

:35:45. > :35:47.sizeable chunk of money. Will they need visas? Will they need travel

:35:48. > :35:52.permits? Will they need work permits? This is all for discussions

:35:53. > :35:56.for the future. But it is this sense of sadness and a sense of loss. I

:35:57. > :36:01.have been speaking to some students, one who was going off to Oxford

:36:02. > :36:06.University, who says that she feels unwanted by the UK. And her future

:36:07. > :36:12.is so bright. So, a real sense of loss, and also a political loss for

:36:13. > :36:14.the Polish government, because of course, their ally, the British

:36:15. > :36:23.Conservative Party, was a huge political force in the European

:36:24. > :36:28.Conservatives and Reformists. I think Polish people are just coming

:36:29. > :36:34.to grips with this. Yesterday, politicians from all of the parties

:36:35. > :36:37.were saying, hold your fingers, which means basically, keep your

:36:38. > :36:41.fingers crossed for the UK. So now I get it as a matter of how Poland

:36:42. > :36:46.will agree some kind of agreements with the United Kingdom, how will

:36:47. > :36:54.Brussels deal with it? Back to you, Matthew. Thanks to all of you. I

:36:55. > :36:57.mentioned Donald Tusk. He is due to have a news conference within the

:36:58. > :37:03.next half an hour with Jean-Claude Juncker. Mr Juncker said he would

:37:04. > :37:07.not resign if in effect he had overseen a Brexit wrote. Both of

:37:08. > :37:12.those will be speaking shortly. I'm not sure they ever really had real

:37:13. > :37:18.contingency plans. They have had to get some. While there is shock

:37:19. > :37:23.across large parts of Europe, celebrations here - Williams of

:37:24. > :37:29.people who voted to leave cannot believe that they have finally got

:37:30. > :37:32.what they wanted for so long. -- billions of people. Nigel Farage has

:37:33. > :37:36.called it Independence Day for the UK. He has tweeted that he had

:37:37. > :37:42.kippers and champagne for breakfast. The people we have not heard from

:37:43. > :37:49.yet are the key figures of the Leave campaign - Boris Johnson, Michael

:37:50. > :37:52.Gove and Gisela Stuart. They are expected to appear together at

:37:53. > :37:57.around 11 o'clock this morning. We are also expecting to hear from

:37:58. > :38:00.Scotland's First Minister, Nicola Sturgeon, all around 11 o'clock. We

:38:01. > :38:04.will of course bring you that live as soon as it happens. In the

:38:05. > :38:09.meantime, let's give you a proper breakdown of how the United Kingdom

:38:10. > :38:14.voted yesterday, as we go over to the newsroom, and Christian Fraser.

:38:15. > :38:18.Yes, let's have a look at those numbers in some more detail, then.

:38:19. > :38:23.Starting with England. More than 28 million people voted on Thursday.

:38:24. > :38:27.You can see that there was a pretty high turnout, the biggest since

:38:28. > :38:37.1992. They were saying that a big turnout would be good for Remain.

:38:38. > :38:44.But they all got it wrong. 6% lead for Leave in England. Look at that

:38:45. > :38:47.blue-chip all over the country. In Cornwall, Devon, Dorset, big dig

:38:48. > :38:51.into Lancashire, Yorkshire, big Labour supporting areas. These

:38:52. > :38:56.little spots in yellow, the metropolitan areas - Liverpool,

:38:57. > :39:01.Manchester, Leeds, York and Harrogate, affluent areas, of course

:39:02. > :39:06.the Newcastle appear, but Newcastle, only by the slimmest of margins. It

:39:07. > :39:12.is those areas which they expected to win in, places like Sheffield,

:39:13. > :39:16.Durham, Coventry, Watford, where Remain just did not get the vote

:39:17. > :39:25.out. London we expected to be Remain. But not all of the

:39:26. > :39:30.south-east. Large parts of Kent there in blue-chip. I think I can

:39:31. > :39:37.show you the top five areas which supported Leave. Castle Point in

:39:38. > :39:46.Essex, Thurrock and Great Yarmouth we know as big Ukip areas. And the

:39:47. > :39:54.top five Remain area is... Nos uprise, Gibraltar at the top. At

:39:55. > :40:02.also these London boroughs... Let's take a closer look at Scotland. 32

:40:03. > :40:06.regions in Scotland - every one of them going to Remain. But the

:40:07. > :40:11.interesting thing was the turnout, 2.7 million people voting in

:40:12. > :40:15.Scotland, with a turnout of 67%, less than the UK average, and it was

:40:16. > :40:23.85% in the independence referendum. Maybe some voter fatigue. Four

:40:24. > :40:28.elections in less than two years in Scotland. But the result, as we have

:40:29. > :40:31.been seeing, overwhelming, opening up the question of a second

:40:32. > :40:37.independence referendum vote in Scotland. Similar picture in

:40:38. > :40:41.Northern Ireland. And an interesting picture as well. The vote perhaps

:40:42. > :40:46.split along some sectarian lines here. Three areas in Belfast out of

:40:47. > :40:55.four, voting for Remain. But it is these areas close to the border, all

:40:56. > :40:59.in yellow. Let's take a final look at Wales. This will be a huge

:41:00. > :41:08.disappointment to Labour and two Jeremy Corbyn. Only five of the 22

:41:09. > :41:14.areas in Wales going to Remain. Cardiff went to Remain, but Swansea

:41:15. > :41:21.didn't. Merthyr Tydfil, Newport, carefully, or going to Leave. Again,

:41:22. > :41:25.turnout very high in Wales. And a 6-point lead for Leave over Remain.

:41:26. > :41:37.All of those figures are on the website if you want to have a look.

:41:38. > :41:42.A short time ago, former Prime Minister Tony Blair gave his

:41:43. > :41:48.reaction, and he said that he felt personally sorry for David Cameron.

:41:49. > :41:51.This is what he had to say. We are a divided country, which is why it is

:41:52. > :41:54.important for the Prime Minister and others to try and bring the country

:41:55. > :41:58.together and work out a way through this. I don't think we should take

:41:59. > :42:01.any rash decisions at the moment, we have got to see what the fallout is

:42:02. > :42:07.in the coming days and weeks. We have got to handle it in a mature

:42:08. > :42:10.and sensible way. I think the Prime Minister is absolutely right not to

:42:11. > :42:16.invoke the article 15 process at this point in time. We have got to

:42:17. > :42:19.reflect and unite and chart a way forward which is in the interests of

:42:20. > :42:24.the country. We are dealing with massive questions. These are

:42:25. > :42:25.questions of fundamental importance to our future, economically,

:42:26. > :42:32.insecurity and in politics. Reaction continues to filter

:42:33. > :42:57.through. Let's go to College Green. We voted to leave the EU, but the

:42:58. > :43:02.governing party now has a leadership contest, are we in for a summer of

:43:03. > :43:05.huge uncertainty? The Prime Minister did two important things, alongside

:43:06. > :43:12.what was an unexpected announcement that he will be going in a short

:43:13. > :43:17.time. The first was he made it clear he is not going immediately, so we

:43:18. > :43:21.have a period of continuity at least until the autumn. That is crucial in

:43:22. > :43:26.settling the market. The other important thing was make it clear

:43:27. > :43:33.that he will not be invoking article 50, this mechanism for negotiating

:43:34. > :43:37.exit from the EU. We have the opportunity to have a calm, rational

:43:38. > :43:42.discussion about what our priorities are and how we should carry that

:43:43. > :43:46.out. When does the Tory leadership contest again? I will need to

:43:47. > :43:51.discuss that with the committee executive. We will meet on Monday to

:43:52. > :43:57.have that conversation. If we were to meet the timetable of a new

:43:58. > :44:02.leader in place before the party conference, we would need to move

:44:03. > :44:07.quite quickly. Does the Labour leadership have questions to answer

:44:08. > :44:10.about its conduct? There are some difficult questions for the Labour

:44:11. > :44:15.Party. We are in some difficult waters, dangerous waters, and

:44:16. > :44:21.whether it is about the market stability, the negotiations, we have

:44:22. > :44:24.got a responsibility to get the best deal for the country and show some

:44:25. > :44:30.leadership working with the Government to do so. That includes

:44:31. > :44:36.not calling for the immediate triggering of article 50, as we seem

:44:37. > :44:40.to be earlier this morning. That is not the right thing to do, that

:44:41. > :44:44.would not be in the interest of the British people. I am disappointed by

:44:45. > :44:49.the result but we have to respect it and get the best possible deal for

:44:50. > :44:52.Britain and the Labour community, which otherwise would be very

:44:53. > :44:57.vulnerable. That is our responsibility. On the conduct of

:44:58. > :45:02.the campaign, why does Labour no longer represent the aspirations of

:45:03. > :45:07.the non-metropolitan working classes? There has been a big gap

:45:08. > :45:14.between the cities and towns, the coalfield. We have to recognise that

:45:15. > :45:18.the Labour Party did not reflect people's concerns about immigration,

:45:19. > :45:24.I don't think the Government had practical responses. There is now a

:45:25. > :45:29.big divide in the country around immigration, we have to build a new,

:45:30. > :45:34.sensible consensus around that. It is not easy, but we have a

:45:35. > :45:36.responsibility to do that. Otherwise, regardless of the trade

:45:37. > :45:42.negotiations, we will have longer term problems. Who would you like to

:45:43. > :45:48.see at the next leader of the good servant of party? Lets see who put

:45:49. > :45:58.their hat into the ring. I will not name a candidate,... You have not

:45:59. > :46:03.thought about it? No, I was concentrating on winning the vote

:46:04. > :46:08.last night. Given that Boris Johnson went to head up the Leave campaign,

:46:09. > :46:13.is he pretty unstoppable? He will have a strong case, but so will

:46:14. > :46:18.others. We are jumping the gun. It is under way, you know politics. The

:46:19. > :46:23.moment the Prime Minister says that he is resigning, the leadership

:46:24. > :46:28.campaign begins. I watched the same statement by the Prime Minister, I

:46:29. > :46:34.was as surprised as you were. Where you surprised? Surely it was

:46:35. > :46:38.inevitable. Not necessarily. I did not sign the letter, but I thought

:46:39. > :46:43.he was elected on a platform of delivering a referendum, so either

:46:44. > :46:47.way he would stay as Prime Minister. There will be a contest. The

:46:48. > :46:52.important thing now is that we have got a clear statement that we will

:46:53. > :46:58.not trigger article 50, which is a good thing. That is to begin the

:46:59. > :47:02.negotiations. The Treaty of Lisbon is a formal two-year period, if a

:47:03. > :47:08.member state wants to succeed. If you decide to do that, you do that

:47:09. > :47:14.once you have the broad guideline for agreement. Now we can work out

:47:15. > :47:19.what those outlines are. Part of the issue is immigration. I was outside

:47:20. > :47:24.polling stations, time and again the issue was raised, because we have

:47:25. > :47:26.got the first major economic rebound, a lot of people have not

:47:27. > :47:36.seen any enumeration increase because of this influx, and we have

:47:37. > :47:39.trade which need skilled workers... David Cameron has gone to Buckingham

:47:40. > :47:45.Palace to have an audience with the Queen. He said this morning when he

:47:46. > :47:50.announced he was resigning that he had already spoken to the Queen. It

:47:51. > :47:56.did not come as a prize to Her Majesty. Few things do. Tell me

:47:57. > :48:00.about the leadership contest. You have to be a Tory MP to stand, a

:48:01. > :48:07.number will throw their hat into the ring, the Tory MPs have first go,

:48:08. > :48:10.they whittle it down to two. The rules require we provide a choice of

:48:11. > :48:15.candidates for the party and the country. In the past it has always

:48:16. > :48:18.been interpreted as two, I cannot see why we would change that. It

:48:19. > :48:26.would be a decision for the executive, and then in consultation

:48:27. > :48:30.with the board and the party. Do you expect Theresa May to come out of

:48:31. > :48:37.her safe house in time for this? I am sure she will be in evidence. She

:48:38. > :48:40.has not been during this campaign. She has made some cautious

:48:41. > :48:46.interventions from time to time. Ltd and cautious. Which may have been

:48:47. > :48:52.wise. Should Jeremy Corbyn fall on his sword? David Cameron has taken

:48:53. > :48:55.responsibility for the campaign, which did not offer a positive

:48:56. > :49:02.vision. That was the other problem with the campaign. The challenge now

:49:03. > :49:09.is for the country. In terms of the Labour Party, the next step is the

:49:10. > :49:16.Shadow Cabinet is meeting as we speak, and it is for them to set out

:49:17. > :49:20.what kind of leadership we are going to be providing in terms of unifying

:49:21. > :49:23.the country, addressing the problems and concerns for Labour voters in

:49:24. > :49:29.the towns and coalfield is that did not support the lady -- the Labour

:49:30. > :49:33.leadership position. How are we going to work with the Government to

:49:34. > :49:37.get the best deal for the country? Would you like Labour to be on the

:49:38. > :49:41.negotiating committee? I think the whole party will have to work with

:49:42. > :49:51.the Government on this, and with our trade unions and as many voices as

:49:52. > :49:56.possible. That go back to Sophie in Downing Street.

:49:57. > :50:01.We can show you now shots of Buckingham Palace, because as we

:50:02. > :50:05.know the Prime Minister left Downing Street about 45 minutes ago, out

:50:06. > :50:12.through a back door, and he is now at the King Palace, where he is

:50:13. > :50:15.having an audience with the Queen following his decision that he will

:50:16. > :50:20.step down as Prime Minister by October. A decision that many did

:50:21. > :50:25.not think would come right as early as today, but an emotional moment,

:50:26. > :50:28.emotional scenes for the Prime Minister and his wife in Downing

:50:29. > :50:35.Street when that was announced, when he made the announcement at 8:15am.

:50:36. > :50:42.He is meeting with the Queen to inform her of his decision. We can

:50:43. > :50:47.go now to the city, because there has been plenty of turmoil this

:50:48. > :50:51.morning. The bankers, traders, then it of them who have been up all

:50:52. > :50:57.night, many of them have debt on a Remain vote. It was wrong, and the

:50:58. > :51:07.pound plunged in the early hours of this morning. What is the situation

:51:08. > :51:13.now? Is it rallying? Since we heard the governor Mark Carney speak

:51:14. > :51:19.earlier, he tried to reassure markets, they have picked up a bit,

:51:20. > :51:21.but still in doubt. I will give you some business reaction, from the

:51:22. > :51:27.chairman of Debenhams, what do you make of what has happened? An

:51:28. > :51:33.extraordinary day, the British people have decided, so now we have

:51:34. > :51:37.to get on with it. The issue now is in the short term we need calm, the

:51:38. > :51:43.governor's speech was important, but the pound is way down, stock markets

:51:44. > :51:48.are down. We need to know who the leadership will be, the political

:51:49. > :51:52.leadership. We need a sense of the next two or three years, what is the

:51:53. > :51:57.plan for how we redefine our relationship? How hard will be

:51:58. > :52:02.retail sector the head? The stock market said we are ten, 15% down,

:52:03. > :52:09.because most of what we sell, we import, so it will cost more. If the

:52:10. > :52:13.uncertainty over economic growth is there, people spend less in shops,

:52:14. > :52:19.so from the sales line, that is not great news. Were you surprised by

:52:20. > :52:25.this? Where businesses ready? Most of the UK was surprised. It is

:52:26. > :52:29.difficult to prepare exactly, because it depends on how we end up

:52:30. > :52:34.working with Europe. What has been noticeable is how much more divided

:52:35. > :52:39.the country has been on this issue, with a younger population voting to

:52:40. > :52:42.stay and certain regions voting to leave. The degree of difference has

:52:43. > :52:50.been more sharply marked and I would have expected.

:52:51. > :52:59.Let's show you some images from the location in central London where we

:53:00. > :53:04.are expecting shortly to hear from the leading figures of the Leave

:53:05. > :53:10.campaign. Iris Johnston will be speaking, is alleged to and Michael

:53:11. > :53:15.Gove. That is expected in five or ten minutes, we will bring you that

:53:16. > :53:20.live as soon as we get it. But now, let's get reaction from Victoria in

:53:21. > :53:26.Manchester, with a panel of people who she has assembled.

:53:27. > :53:31.Steph was talking about the events in the City of London, we have been

:53:32. > :53:38.talking about the economy here and people's money with voters. The vote

:53:39. > :53:44.is to leave the European Union. You voted to leave, and you believed

:53:45. > :53:48.those economic forecast from the Leave campaign and still went for

:53:49. > :53:50.Leave. After considering the forecasts I thought it was

:53:51. > :53:58.inevitable there would be a temporary shock to the forecasts,

:53:59. > :54:04.the pound and the FTSE, but for the point of democracy, to be able to

:54:05. > :54:12.make our own laws and to decide our own future, plus the strength of the

:54:13. > :54:17.UK economy, I believe that would only be temporary, but I thought it

:54:18. > :54:21.would be... A temporary recession, some job losses, that would be worth

:54:22. > :54:30.it for the strength that it gives our democracy? There would be a

:54:31. > :54:35.pessimistic devaluing of the pound, but after a while it would pick up,

:54:36. > :54:43.because the UK economy is strong. You voted to remain. Yes, I think we

:54:44. > :54:47.are stronger as a block. When people talk about Great Britain, we have

:54:48. > :54:51.moved past that point, we are part of a global economy, we need to be

:54:52. > :54:58.part of a bigger economy. What about a temporary shock is worth it? I am

:54:59. > :55:03.not convinced. I wanted to vote on a bigger level, I was worried about

:55:04. > :55:06.people at the bottom of the economy, will have real problems, the weakest

:55:07. > :55:13.and poorest will struggle the most. I will be OK, but I have got

:55:14. > :55:17.worries, I bought a house ten weeks ago, we don't know what will happen

:55:18. > :55:22.with interest rates, I work in academia, a lot of money comes from

:55:23. > :55:24.the EU, so where will that go? I have got personal worries and

:55:25. > :55:30.worries for the poor people of the world. You voted to remain. When you

:55:31. > :55:33.see events in the City of London and the governor of the Bank of England,

:55:34. > :55:40.out to try to reassure the markets, what do you think? We knew there

:55:41. > :55:45.would be a shock. It has been a double by me, with David Cameron

:55:46. > :55:48.going as well. We need to stay strong and keep our resolve. The

:55:49. > :55:53.markets have started to move back a bit. Tomorrow will paint a lot

:55:54. > :55:59.different picture on the whole economy. On Saturday, the market

:56:00. > :56:05.will be shut. When they reopen on Monday. It is a new day, the one

:56:06. > :56:10.thing that we don't want to happen is to talk ourselves into recession

:56:11. > :56:18.and talked ourselves down, we have to remain positive. The decision has

:56:19. > :56:24.been made, I voted Remain for various reasons, but I am not

:56:25. > :56:29.dismayed and the result. For me, I am going to get behind it in any way

:56:30. > :56:34.I can, and look forward to a brighter future. The decision has

:56:35. > :56:39.been made, let's get behind it, keep smiling and do the best we can. Do

:56:40. > :56:46.you feel positive? Do you accept the result? I do accept the result, we

:56:47. > :56:49.are in a democracy, there is a petition going around to overturn

:56:50. > :56:55.it, I would be interested to see what happens with that. People say

:56:56. > :57:02.it was not representative and it is too tight. It was a huge turnout,

:57:03. > :57:08.72%! It is fascinating. We were at an industry event, we got up just in

:57:09. > :57:14.time and we were really surprised. The one thing that had persuaded me

:57:15. > :57:17.towards Leave was the idea that I and in a digital economy, it is very

:57:18. > :57:23.global, and does geography matter that much? But I think there is

:57:24. > :57:29.still something about geography and local history and being part of an

:57:30. > :57:38.area that we have had relationships with for a long time.

:57:39. > :57:45.Do you think that stops now? No, I don't think it stops now. That is

:57:46. > :57:49.what I hope. I am hoping the kind of victory which has gone on with the

:57:50. > :57:54.campaign, that people can leave that behind, and say, if this is where we

:57:55. > :57:57.are going, we need to go there in a positive way. Thank you all of you.

:57:58. > :58:12.More from Manchester a little bit later. Victoria Derbyshire, thank

:58:13. > :58:18.you. The UK has voted to leave the European Union, in the most seismic

:58:19. > :58:23.decision in generations. David Cameron has gone to see the Queen

:58:24. > :58:28.after announcing that he will resign as Prime Minister. 52% of people who

:58:29. > :58:32.voted made the momentous decision to leave the EU. The Prime Minister

:58:33. > :58:37.earlier gave an emotional address explaining his decision to go. I

:58:38. > :58:41.will do everything I can as Prime Minister to steady the ship over the

:58:42. > :58:46.coming weeks and months. But I do not think it would be with tick for

:58:47. > :58:51.me to try to be the captain that steers our country to its next

:58:52. > :58:55.destination. -- I do not think it would be right for me. Boris Johnson

:58:56. > :59:01.battles through a scrum of police and protesters before meeting with

:59:02. > :59:07.his victorious fellow campaigners. And this is the scene at the Vote

:59:08. > :59:10.Leave headquarters in London, where Mr Johnson is due to speak any

:59:11. > :59:19.moment now. We will bring that to you live. Leave campaigners are

:59:20. > :59:23.jubilant, saying it sends a stinging message to the European Union's

:59:24. > :59:27.political elite. The pound plunges in the City. The financial markets

:59:28. > :59:31.also fell sharply, with bank shares among those hit hardest. The

:59:32. > :59:36.leadership debate in the Tory party has already begun after David

:59:37. > :59:40.Cameron's announcement that he's going. But the repercussions of

:59:41. > :59:43.yesterday's vote have rocked the whole of Westminster. What does it

:59:44. > :59:48.mean for the Labour Party, and for Ukip as well? I will be talking to

:59:49. > :59:52.various people about what happens next to British politics, the future

:59:53. > :59:56.of the UK and the EU. Here in Manchester, we will talk to voters

:59:57. > :00:00.about the momentous decision that some of them have made, and the

:00:01. > :00:04.dramatic ramifications. There is really quite sombre mood in here now

:00:05. > :00:09.after David Cameron's announcement, including from Leave voters. We will

:00:10. > :00:27.be looking at the hopes and fears of the United Kingdom now.

:00:28. > :00:33.Good morning from Downing Street. After more than 40 years, Britain

:00:34. > :00:39.has voted to end its membership of the European Union. Vote was

:00:40. > :00:43.decisive - 52% chose to leave the EU and 48% wanted to stay. David

:00:44. > :00:47.Cameron has announced that he is to step down as Prime Minister, and

:00:48. > :00:50.he's currently at the King and Palace for an audience with the

:00:51. > :00:54.Queen. Mr Cameron, who argued strongly for the Remain campaign,

:00:55. > :00:57.said the will of the people must be respect the, and fresh leadership

:00:58. > :01:04.was required, with a new approach minister in place by October. Shots

:01:05. > :01:07.of the Prime Minister's car travelling through central London.

:01:08. > :01:13.Ukip's leader, Nigel Farage, has called the result Britain's

:01:14. > :01:18.Independence Day. Boris Johnson was booed by some in the crowds outside

:01:19. > :01:21.his home as he left this morning, cheered by others. We are expecting

:01:22. > :01:28.to hear from him at a news conference in the next few minutes.

:01:29. > :01:32.The final result shows that Leave secured its victory by a margin of

:01:33. > :01:37.more than 1 million votes. In total, 17.4 million people voted for the UK

:01:38. > :01:44.to leave the EU, compared with 16.1 million voters who backed Remain.

:01:45. > :01:49.More than 72% of eligible voters took part. In England, more than 15

:01:50. > :01:55.million people voted for the UK to leave the European Union. 13.2

:01:56. > :01:58.million people backed Remain. In Scotland, every voting area came out

:01:59. > :02:04.in favour of Remain. 62% of Scottish voters backed Remain, 38% backing

:02:05. > :02:22.Leave. In Wales... In Northern Ireland, the only part

:02:23. > :02:29.of the UK which shares a border with the European Union. That is how the

:02:30. > :02:33.results across the UK locked this morning. We will of course continue

:02:34. > :02:37.to discuss in great detail what it will mean for you, what it will mean

:02:38. > :02:41.for the United Kingdom and also for the European Union. First, our

:02:42. > :02:44.political correspondent Carole Walker has this report on the

:02:45. > :02:48.dramatic events so far. There was no hiding the emotion as the Prime

:02:49. > :02:52.Minister and his wife Samantha emerged from Downing Street. He said

:02:53. > :02:57.the will of the British people must be respect to, and having fought and

:02:58. > :03:05.lost the battle to remain in the EU, the country should have a new Prime

:03:06. > :03:09.Minister. I fought this campaign in the only way I know how, which is to

:03:10. > :03:15.say directly and passionately what I think and feel, head, heart and

:03:16. > :03:18.soul. I held nothing back. But the British people have made a very

:03:19. > :03:22.clear decision to take a different path. And as such, I think the

:03:23. > :03:29.country requires fresh leadership to take it in this direction. I will do

:03:30. > :03:34.everything I can as Prime Minister to steady the ship over the coming

:03:35. > :03:37.weeks and months. But I do not think it would be right for me to try to

:03:38. > :03:42.be the captain that steers our country to its next destination.

:03:43. > :03:46.With turmoil and uncertainty in the financial markets, the Governor of

:03:47. > :03:49.the Bank of England said it was prepared to take further action to

:03:50. > :03:54.support the British economy if necessary. We have taken all the

:03:55. > :03:59.necessary steps to prepare for today's events, and in the future,

:04:00. > :04:05.we will not hesitate to take any additional measures required to meet

:04:06. > :04:11.our responsibilities, as the United Kingdom goes forward. From the

:04:12. > :04:16.moment the results started coming in just after midnight, there were big

:04:17. > :04:20.wins from Leave. By the end of the night, Leave had won a clean sweep

:04:21. > :04:23.across the north of England, the Midlands, the east and west of

:04:24. > :04:30.England. London was the only region of England to support remaining a

:04:31. > :04:34.member of the EU. The result in Flintshire reflected the outcome

:04:35. > :04:38.across Wales, where voters backed Brexit. But Scotland voted by a

:04:39. > :04:42.clear majority to stay in the EU. Scotland's First Minister said it

:04:43. > :04:45.was clear that the people of Scotland see their future as part of

:04:46. > :04:51.the European Union. The results will bring fresh calls for a second

:04:52. > :04:56.referendum on Scottish independence. Northern Ireland, too, has voted to

:04:57. > :05:00.remain in the EU. Sinn Fein has said it intensifies the case for a vote

:05:01. > :05:04.on whether Northern Ireland should leave the United Kingdom. Shortly

:05:05. > :05:08.before five o'clock this morning, it was clear - the UK had taken the

:05:09. > :05:14.historic decision to leave the European Union. Well, at 20 minutes

:05:15. > :05:17.to five, we can now say the decision taken in 1975 by this country to

:05:18. > :05:26.join the Common Market has been reversed by this referendum to leave

:05:27. > :05:30.the EU. Ukip's leader, Nigel Farage, said he was thrilled that the

:05:31. > :05:36.country had decided to break free from what he called a failing, dying

:05:37. > :05:41.European Union. 17 million people have said, we must leave the

:05:42. > :05:45.European Union. We now need a Brexit government, a government which gets

:05:46. > :05:48.on with the job, a government which begins the renegotiation of our

:05:49. > :05:51.trade relationship. The Labour leader said he hopes the

:05:52. > :05:55.negotiations with the European Union will include efforts to protect

:05:56. > :05:58.British workers. Clearly there are some very difficult days ahead. The

:05:59. > :06:03.value of the pound has already fallen. And there will therefore be

:06:04. > :06:10.job consequences as a result of this decision. A momentous day for

:06:11. > :06:13.Britain, for Europe, as the country embarks on a new and uncertain

:06:14. > :06:23.future outside the EU and under a different leader. I am joined now by

:06:24. > :06:27.our assistant political editor, Norman Smith. We have seen that

:06:28. > :06:30.David Cameron has now left Buckingham Palace. He is driving

:06:31. > :06:33.through central London, we do not know where to. Next, we are

:06:34. > :06:37.expecting to hear from the leading Leave figure Boris Johnson, who

:06:38. > :06:41.potentially could be taking up residence here? More than

:06:42. > :06:44.potentially, perhaps likely to be taking up residence. He is

:06:45. > :06:49.absolutely in pole position now. We will hear from him shortly. We have

:06:50. > :06:53.not really heard an official response from the Leave side yet. We

:06:54. > :06:57.have heard from Nigel Farage. Nigel Farage has been urging a quick

:06:58. > :07:02.retreat from Europe. Everything we have heard from the official Leave

:07:03. > :07:08.campaign is, let's not rush this. But I think we can go over now, as

:07:09. > :07:16.we can see Jill is a Stuart -- as we can see Gisela Stuart, Boris Johnson

:07:17. > :07:19.and Michael Gove. About a relationship of 40 years with the

:07:20. > :07:23.European Union. It was the largest and most extensive democratic

:07:24. > :07:27.exercise we have seen. And the people by a majority decided that

:07:28. > :07:30.they wish to leave the European Union. Vote Leave is a cross-party

:07:31. > :07:37.organisation. And we have always acted in a way which is in the

:07:38. > :07:42.interests of the country and not in sectional interests. I think it is

:07:43. > :07:45.now incumbent on all party leaders to also reflect on to what extent

:07:46. > :07:49.they are representing and reflecting the views of the voters. This is the

:07:50. > :07:56.most extraordinary opportunity of democracy. I think the process which

:07:57. > :08:03.is beginning now, of implement in the wish of the people, will be seen

:08:04. > :08:10.as not only freeing the United Kingdom, but also be in the

:08:11. > :08:12.interests of Europe. We are still and always have been an

:08:13. > :08:17.exceptionally outward looking country. We will continue to be so.

:08:18. > :08:22.We will be a good neighbour, we will be a good international list, but we

:08:23. > :08:31.will have taken back control of our democratic institutions. Thank you

:08:32. > :08:35.very much. I want to begin this morning by paying tribute to David

:08:36. > :08:41.Cameron, who spoke earlier from Downing Street. I know I speak for

:08:42. > :08:45.Michael also in saying how sad I am that he has decided to step down,

:08:46. > :08:52.but obviously, I respect that decision. I have known David Cameron

:08:53. > :08:54.for a very long time, and I believe he has been one of the most

:08:55. > :09:00.extraordinary politicians of our age. A brave and principled man, who

:09:01. > :09:05.has given superb leadership of his party and his country for many

:09:06. > :09:11.years. Reforming our public services, delivering one-nation

:09:12. > :09:18.Conservative government, making this country the most dynamic economy in

:09:19. > :09:23.Europe, and with his own brand of compassionate conservatism, that

:09:24. > :09:30.rightly earned his party the first majority government for decades. It

:09:31. > :09:34.was his bravery that gave this country the first referendum on the

:09:35. > :09:37.European Union for 43 years, the first time that many of us have had

:09:38. > :09:46.the chance to vote explicitly on this question. Today, I think all of

:09:47. > :09:50.us politicians should thank the British people, because in a way,

:09:51. > :09:57.they have been doing our job for us. They hire us to deal with the hard

:09:58. > :10:02.questions, and this year, we gave them one of the biggest and toughest

:10:03. > :10:07.questions of all. Some people are now saying, that was wrong, and that

:10:08. > :10:16.the people should never have been asked in this way. I disagree. I

:10:17. > :10:21.believe it was entirely right and inevitable, and indeed that there is

:10:22. > :10:30.no way of dealing with a decision on this scale except I putting it to

:10:31. > :10:33.the people. Because in the end, this question is about the people, it is

:10:34. > :10:36.about the right of the people of this country to settle their own

:10:37. > :10:43.destiny. It is about the very principles of our democracy - the

:10:44. > :10:50.rights of all of us to elect and remove the people who make the key

:10:51. > :10:55.decisions in their lives. And I think that the electorate have

:10:56. > :11:01.searched in their hearts and answered as honestly as they can,

:11:02. > :11:04.and as Gisela Stuart says, in a poll on a scale the like of which we have

:11:05. > :11:12.never seen before in this country, they have decided that it is time to

:11:13. > :11:17.vote to take back control. From a European Union which has becomes too

:11:18. > :11:24.remote, too opaque, and not accountable enough to the people it

:11:25. > :11:28.is meant to serve. In voting to leave the EU, it is vital to stress

:11:29. > :11:32.that there's now no need for haste, and indeed, as the Prime Minister

:11:33. > :11:39.has just said, nothing will change over the short term, except that

:11:40. > :11:51.work will have to begin on how to give effect to the will of the

:11:52. > :11:53.people, and to take this country from the supra-national system. And

:11:54. > :11:58.as the Prime Minister has rightly said, there is no need to invoke

:11:59. > :12:02.Article 50. To those people who may be anxious, this does not mean that

:12:03. > :12:08.the United Kingdom will be in any way less united, nor indeed as it

:12:09. > :12:12.mean that it will be any less European. And I want to speak to the

:12:13. > :12:17.millions of people, directly to the millions of people who did not vote

:12:18. > :12:22.for this outcome, especially young people, who may feel that this

:12:23. > :12:27.decision in some way involves putting up a drawbridge witch any

:12:28. > :12:36.kind of isolationism. Because I think the very opposite is true.

:12:37. > :12:43.Our children and grandchildren will continue to have a great future as

:12:44. > :12:49.Europeans, understanding the languages and cultures that make up

:12:50. > :12:52.the European civilisation, interacting with people in other

:12:53. > :12:57.countries in a way that is open, friendly and outward looking. I want

:12:58. > :13:03.to reassure everybody that as a result of this, Britain will

:13:04. > :13:07.continue to be a great European power, leading discussions on

:13:08. > :13:12.foreign policy and defence and intelligence sharing and all of the

:13:13. > :13:19.work that currently goes on to make our world safer. But there is no

:13:20. > :13:24.need in the 21st-century to be part of a federal system of Government

:13:25. > :13:29.based in Brussels that is imitated nowhere else on earth. It was a

:13:30. > :13:37.noble idea for its time, it is no longer right for this country. It is

:13:38. > :13:41.the essence of our case that young people in this country can look

:13:42. > :13:49.forward to a more secure and more prosperous future if we take back

:13:50. > :13:53.the Democratic control that is the foundation of our economic

:13:54. > :13:59.prosperity. I believe we now have a glorious opportunity, we can pass

:14:00. > :14:04.our laws and set our taxes entirely according to the needs of the UK

:14:05. > :14:10.economy, we can control our own borders in a way that is not this

:14:11. > :14:14.gourmet treat but fair and balanced, and take the wind out of the sails

:14:15. > :14:21.of the extremists and those who would play politics with

:14:22. > :14:27.immigration. Above all, we can find our voice in the world again. A

:14:28. > :14:37.voice that is commensurate with the fifth biggest economy on earth.

:14:38. > :14:44.Powerful, liberal, humane, and extraordinary force for good in the

:14:45. > :14:52.world. The most precious thing this country has given our continent is

:14:53. > :14:57.the idea of parliamentary democracy. This Thursday, yesterday, I believe

:14:58. > :15:05.the British people have spoken up for democracy. In Britain and across

:15:06. > :15:15.Europe. I think we can be very proud of the result. Thank you finally to

:15:16. > :15:17.everybody at Vote Leave for the extraordinary and positive campaign

:15:18. > :15:30.you have run. Thank you. I want to join race in paying

:15:31. > :15:36.tribute to the Prime Minister. He has led this country with courage,

:15:37. > :15:40.the glitzy and grace. He and the Chancellor rebuild our economy. He

:15:41. > :15:45.has made opportunity more equal in our society. He has exemplified the

:15:46. > :15:51.best in public service, he deserves to be remembered as a great Prime

:15:52. > :15:56.Minister. He called this referendum so the British people could decide

:15:57. > :16:01.one big question. Should we leave the political structures of the

:16:02. > :16:08.European Union? The British people have given us all a very clear

:16:09. > :16:12.instruction, and I know that we in politics will work calmly,

:16:13. > :16:17.cooperatively and consensually to implement that instruction. The

:16:18. > :16:23.British people's vote to leave is the start of a process. While the

:16:24. > :16:26.process is ongoing our existing trading relationships with the U and

:16:27. > :16:31.the rest of the world will continue as before. In the coming days

:16:32. > :16:36.Government ministers and officials can meet to decide the next steps.

:16:37. > :16:42.Officials and diplomats can start scoping out the broad parameters for

:16:43. > :16:46.full-scale talks with our European friends and the institutions in

:16:47. > :16:49.Brussels. Our shared mission is clear, securing the best possible

:16:50. > :16:57.terms for Britain. Informal discussions should proceed the

:16:58. > :17:02.formal negotiations. The changes will be a process of gradual

:17:03. > :17:07.divergences. It is important that representatives from every part of

:17:08. > :17:10.the UK, every community, and different political traditions, are

:17:11. > :17:16.involved in shaping our future. We should draw wisdom from great minds

:17:17. > :17:21.outside politics. As we move forward, we should be in no doubt

:17:22. > :17:25.that Britain is embarking on a new chapter, but one that is in line

:17:26. > :17:31.with our best traditions. We have always been an open, inclusive,

:17:32. > :17:37.tolerant, creative and generous nation. Open for business, open to

:17:38. > :17:42.trade, open to other cultures, open to the world. Now we have a new

:17:43. > :17:47.chance to extend that openness is even further. We can build a new,

:17:48. > :17:51.stronger and more positive relationship with our EU neighbours,

:17:52. > :17:57.based on free trade and friendly cooperation. We can have democratic

:17:58. > :18:03.consent for an immigration policy that is fairer and more humane. We

:18:04. > :18:07.can demonstrate that our progressive liberal and democratic traditions

:18:08. > :18:11.are being renewed and that we stand with all our allies as resolute as

:18:12. > :18:16.ever against intolerance and oppression. We can take our place as

:18:17. > :18:21.a self-governing democracy alongside other great nations, working for

:18:22. > :18:28.greater global development, security and prosperity. We can now calmly

:18:29. > :18:35.and United take our country forward in the spirit of the warm, humane

:18:36. > :18:43.and generous values that are the best of Britain.

:18:44. > :19:01.Michael Gove, Boris Johnson and. Calm, measured, almost sombre, what

:19:02. > :19:09.did you make of it? They know this has been a divisive contest. It has

:19:10. > :19:14.split the country, so one's the message was one of reassurance and

:19:15. > :19:18.binding together. Boris Johnson went out of his way to reassure young

:19:19. > :19:23.people, it says, it does not mean we are turning our back on Europe.

:19:24. > :19:27.Likewise to those who say he has banned the flames of intolerance, he

:19:28. > :19:31.said, by voting to leave, it will take the wind out of the sale of the

:19:32. > :19:34.extremists and those who play politics with the issue of

:19:35. > :19:38.immigration, stressing that nothing will change in the short-term.

:19:39. > :19:45.Article 50 does not need to be triggered automatically. The message

:19:46. > :19:50.was to sound statesman-like, sombre, sober, and to try to reassure people

:19:51. > :19:55.that there is a brighter future and to calm the understandable fears

:19:56. > :20:01.many will have. And saying that Britain will continue to be a great

:20:02. > :20:05.European power. He has always argued that we will have much more cordial

:20:06. > :20:10.relations with the rest of Europe when we feel more self-confident in

:20:11. > :20:15.ourselves, when we are less the reluctant and embittered parts of

:20:16. > :20:21.the EU. He believes we will reshape the way in which the whole of Europe

:20:22. > :20:29.operates, that is part of his pitch. The president of the European

:20:30. > :20:35.Commission is speaking in Brussels. All rights and all obligations that

:20:36. > :20:41.arrive from this, according to the treaties which the United Kingdom

:20:42. > :20:51.has ratified, the EU look at it is to apply to the UK until it is no

:20:52. > :21:01.longer a member. As agreed, the new settlement for the UK within the EU

:21:02. > :21:10.will now not take effect. It ceases to exist. There will be no

:21:11. > :21:15.renegotiation. As regards the United Kingdom, we have to have it as a

:21:16. > :21:20.close partner of the European Union in the future. We expect the United

:21:21. > :21:29.Kingdom to formulate its proposals in this respect. This will be

:21:30. > :21:35.included with the UK as a third country, we will have to reflect

:21:36. > :21:40.both sides and be balanced in terms of rights and obligations. I will

:21:41. > :22:12.take two questions. TRANSLATION: Referring to the Franco

:22:13. > :22:20.German driving force of the EU, what do you expect from that now over the

:22:21. > :22:23.next few days? It is called the driving force, I expect France and

:22:24. > :22:30.Germany to take a clear position... We believe that there, speaking in

:22:31. > :22:33.Brussels, because we will go straight to Scotland's First

:22:34. > :22:37.Minister. Scotland, like London and Northern

:22:38. > :22:43.Ireland, voted overwhelmingly to remain in the European Union. We

:22:44. > :22:47.voted to protect our place in the world's biggest single market and

:22:48. > :22:53.the jobs and investment that depend on it. We voted to safeguard our

:22:54. > :23:00.freedom to travel, live, work and study in other European countries,

:23:01. > :23:04.and we voted to renew our reputation as an outward looking, open and

:23:05. > :23:12.inclusive country. It is significant in my view that we did so after a

:23:13. > :23:16.campaign that was positive about the EU and about the benefits of

:23:17. > :23:21.migration. Indeed, I want to take the opportunity to speak directly to

:23:22. > :23:29.citizens of other European countries living here in Scotland. You remain

:23:30. > :23:37.welcome here, Scotland is your home, and your contribution is valued.

:23:38. > :23:41.Unfortunately, yesterday's result in Scotland was not echoed across the

:23:42. > :23:47.whole of the United Kingdom. The UK wide vote to leave the EU is one

:23:48. > :23:51.that I deeply regret. It remains my passionate belief that it is better

:23:52. > :23:55.for all parts of the UK to be members of the European Union. But

:23:56. > :24:02.the vote across England and Wales was a rejection of the EU, and it

:24:03. > :24:06.was a sign of divergences between Scotland and large parts of the rest

:24:07. > :24:11.of the UK in how we see our place in the world. This vote was not just

:24:12. > :24:17.about the EU it was also a clear expression of the disaffection with

:24:18. > :24:21.the political system that is felt in too many communities. Kim and it is

:24:22. > :24:25.taken for granted by Labour for generations and punished with

:24:26. > :24:30.austerity cuts by the Tories for a financial crisis they did not cause,

:24:31. > :24:33.they'd used this referendum to make their voices heard. The Westminster

:24:34. > :24:40.establishment has some serious, soul-searching to do. I hope very

:24:41. > :24:44.much that it now does it. As First Minister of Scotland I have a duty

:24:45. > :24:48.to respond not just to the outcome across the UK but also and in

:24:49. > :24:54.particular to the democratic decision taken by the people of

:24:55. > :24:59.Scotland. As things stand, Scotland faces the prospect of being taken

:25:00. > :25:07.out of the EU against our will. I regard that as democratically

:25:08. > :25:12.unacceptable. Of course, we face the prospect less than two years after

:25:13. > :25:15.being told that it was our own referendum on independence that

:25:16. > :25:21.would end a woman bishop of the EU and that only a rejection of

:25:22. > :25:25.independence could protect it. For many people, the supposed guarantee

:25:26. > :25:29.of remaining in the EU was a driver in their decision to vote to stay

:25:30. > :25:36.within the UK. There is no doubt that yesterday's result represents a

:25:37. > :25:40.significant and material change of the circumstances in which Scotland

:25:41. > :25:49.voted against independence in 2014. My job now is to act responsibly and

:25:50. > :25:54.in the interests of all of Scotland, and that is what I intend to do. The

:25:55. > :25:59.Cabinet will meet tomorrow morning to discuss our next steps in more

:26:00. > :26:05.detail, but I want to set out some immediate priorities. First, we have

:26:06. > :26:09.an urgent job to do to provide as much reassurance and certainty as we

:26:10. > :26:13.can. I spoke a short while ago to the governor of the Bank of England

:26:14. > :26:17.to discuss his plans to reassure the markets and restore financial

:26:18. > :26:21.stability. Starting this afternoon ministers will be engaged in

:26:22. > :26:25.discussions with key stakeholders, especially in the business can

:26:26. > :26:30.imitate, to emphasise that as of now we are still firmly in the EU, trade

:26:31. > :26:33.and business should continue as normal, and we are determined

:26:34. > :26:38.Scotland should continue now and in the future to be an attractive and

:26:39. > :26:40.stable place to do business. A resilient committee will meet this

:26:41. > :26:47.afternoon to oversee these immediate actions. Secondly, I want to make it

:26:48. > :26:54.absolutely clear today that I intend to take all possible steps and

:26:55. > :26:59.explore all options to give effect to how people in Scotland voted. In

:27:00. > :27:05.other words, to secure our continuing place in the TEU and in

:27:06. > :27:09.the single market in particular. To that end, I have made clear to the

:27:10. > :27:13.Prime Minister that the Scottish Government must be fully and

:27:14. > :27:18.directly involved in any and all decisions about the next steps that

:27:19. > :27:22.the UK Government intends to take. We will also be seeking direct

:27:23. > :27:27.discussions with the EU institutions and its member states including the

:27:28. > :27:30.earliest possible meeting with the president of the European

:27:31. > :27:33.Commission. I will also be communicating over this weekend with

:27:34. > :27:39.each EU member state to make clear that Scotland has voted to stay in

:27:40. > :27:45.the EU, and I intend to discuss all options for doing so. I should say

:27:46. > :27:50.that I have also spoken with Sadiq Khan, and he is clear he shares this

:27:51. > :27:55.objective for London. There is clear common cause between us. The

:27:56. > :28:00.discussions that take place over the coming days and weeks will be led by

:28:01. > :28:03.Government, but I would seek the support and ensure the involvement

:28:04. > :28:07.of the Scottish Parliament at every step of the way. I intend to speak

:28:08. > :28:12.to all party leaders later today and make a full statement to the chamber

:28:13. > :28:13.on Tuesday. I will make a further statement following tomorrow's

:28:14. > :28:23.meeting of the Scottish Cabinet. I will also make a further statement

:28:24. > :28:47.following tomorrow's meeting. Lastly, let me address the

:28:48. > :28:51.of a second independence referendum. The manifesto that the MS SNP was

:28:52. > :28:53.elected on last month said this - the Scottish Parliament should have

:28:54. > :28:56.the right to hold another referendum is there is a significant and

:28:57. > :28:58.material change in the circumstances which prevailed in 2014, such as

:28:59. > :29:01.Scotland being taken out of the EU against our will. Scotland does now

:29:02. > :29:03.face that prospect. It is a significant and material change in

:29:04. > :29:05.circumstances. It is therefore a statement of the obvious but the

:29:06. > :29:08.option of a second referendum must be on the table. And it is on the

:29:09. > :29:12.table. Clearly, though, there are many discussions to be heard before

:29:13. > :29:17.a final decision can be taken. It would not be right to rush to

:29:18. > :29:21.judgment ahead of discussions on how Scotland's result would be responded

:29:22. > :29:25.to by the EU. However, when the article 50 process is triggered in

:29:26. > :29:30.three months' time, the UK will be on a two-year path to the EU exit

:29:31. > :29:33.door. If Parliament judges that a second referendum is the best or

:29:34. > :29:39.only way to protect our place in Europe, it must have the option to

:29:40. > :29:42.hold one within that timescale. That means we must act now to protect

:29:43. > :29:48.that position. I can therefore confirm today that in order to

:29:49. > :29:52.protect that position, we will begin to prepare the legislation that

:29:53. > :30:00.would be required to enable a new independent referendum to take place

:30:01. > :30:03.if and when elements so decides. To conclude, this is not a situation

:30:04. > :30:09.that I wanted Scotland or the UK to be in today. My responsibility, in a

:30:10. > :30:15.climate of uncertainty, is to seek to lead us forward with purpose. I

:30:16. > :30:20.know that there is a lot of thinking and talking to be done in the period

:30:21. > :30:25.that lies ahead, and before final decisions are taken. The issues that

:30:26. > :30:31.we face our context. There are many people who voted against

:30:32. > :30:37.independence in 2014 who are today reassessing their decision. Indeed,

:30:38. > :30:40.a very large number of them have contacted me already. However, I

:30:41. > :30:45.know that they will not want me to simply assume their support or to

:30:46. > :30:48.hear me talk about the challenges we face as if they are straightforward.

:30:49. > :30:54.They will want me to be straight and honest with them. Now is the time

:30:55. > :30:59.for me, as First Minister, to do everything I can to bring people

:31:00. > :31:04.together in common cause and to seek to lead our country forward as one.

:31:05. > :31:08.The need to act decisively must be tempered with the need to build

:31:09. > :31:12.consensus, and it will be. That is my duty as First Minister. After a

:31:13. > :31:15.campaign which has been characterised in the rest of the UK

:31:16. > :31:20.by fear and hate, my priority in the days, weeks and months ahead, will

:31:21. > :31:25.be to act at all times in the best interest of Scotland, and in a way

:31:26. > :31:30.which unites, not divides us. Let me be clear about this - whatever

:31:31. > :31:34.happens as a result of this outcome, England, Wales and Northern Ireland

:31:35. > :31:38.will always be Scotland's closest neighbours and our best friends.

:31:39. > :31:43.Nothing will ever change that. But I want to leave no-one in any doubt

:31:44. > :31:49.about this - I am crowd of Scotland and how we voted yesterday. We

:31:50. > :31:53.proved that we are a modern, outward looking, open and inclusive country,

:31:54. > :31:57.and we said clearly that we do not want to leave the European Union. I

:31:58. > :32:05.am determined that we will do what it takes to make sure that these

:32:06. > :32:08.aspirations are realised. In closing, do me just say a word or

:32:09. > :32:15.two about the Prime Minister. David Cameron and I have very many

:32:16. > :32:21.political disagreements, not least over the conduct of this referendum.

:32:22. > :32:26.But as I am learning every single day, leadership is not easy. David

:32:27. > :32:33.has been the Prime Minister of the UK for six years. It is a tough job.

:32:34. > :32:36.And whatever our disagreements, he deserves our thanks for his service.

:32:37. > :32:46.I wish him and his family well for the future. I am happy to take some

:32:47. > :32:52.questions. If not an independence referendum, what other options are

:32:53. > :32:54.available to you? I think an independence referendum is now

:32:55. > :32:58.highly likely, but I also think it is important that we take time to

:32:59. > :33:04.consider all steps, and to have the discussions, not least to assess the

:33:05. > :33:11.response of the European Union to the vote that Scotland expressed

:33:12. > :33:15.yesterday. I am absolutely determined in my responsibility to

:33:16. > :33:19.give effect to how Scotland voted yesterday, and it is important that

:33:20. > :33:24.I take all steps to make sure that we look at all options to do exactly

:33:25. > :33:27.that. Is that independence referendum that you say is highly

:33:28. > :33:32.likely, will not go ahead with or without the consent of Westminster,

:33:33. > :33:36.because you had consent the last time? Obviously, we would seek to

:33:37. > :33:39.follow the same president that we did last time. But I think in the

:33:40. > :33:43.circumstances, when the Scottish Parliament decides that that is an

:33:44. > :33:47.option which it wants to exercise, I think it would be inconceivable,

:33:48. > :33:50.particularly in the circumstances which have given rise to this, that

:33:51. > :33:53.the UK Government would seek to stand in its way. These are some of

:33:54. > :33:59.the discussions that we would be seeking to have in the days and

:34:00. > :34:04.weeks ahead. First Minister, you say you want Scotland to remain in the

:34:05. > :34:08.EU. You say that to do that, you are likely to propose a referendum. The

:34:09. > :34:13.rest of the UK will be out of the EU. That must mean there will be

:34:14. > :34:17.aboard, a proper, border between Scotland and England. These are

:34:18. > :34:21.issues which we will have to assess and consider calmly and rationally.

:34:22. > :34:26.That's why I have said very, very clearly in my remarks today that I

:34:27. > :34:29.am not going to stand here and pretend to anybody that the issues

:34:30. > :34:35.we face are straightforward. We face many competitions, which is another

:34:36. > :34:38.reason why, in addition to being determined about giving effect to

:34:39. > :34:43.how Scotland voted, I'm going to take the time to make sure that all

:34:44. > :34:47.Scotland considers one of these issues and has the chance to move

:34:48. > :34:54.forward as one. I think that is of the utmost importance at this time.

:34:55. > :34:57.Are you confident that in the potential turmoil which could follow

:34:58. > :35:03.a Brexit, that those are circumstances in which Scotland WILL

:35:04. > :35:08.want to vote for independence? Can I say, I do not want to see turmoil in

:35:09. > :35:12.any part of the United Kingdom. I believe the decision which was taken

:35:13. > :35:16.across the UK yesterday was the wrong decision, a mistake. I hope

:35:17. > :35:20.very much that some of the fears which were had about it are not

:35:21. > :35:25.realised, because it would not be in the interests of people anywhere in

:35:26. > :35:30.the UK if they are. But I'm not sure that is not more in hope than

:35:31. > :35:34.expectation. But it is exactly because of the uncertainty and the

:35:35. > :35:38.potential turmoil which we face that I think it is in my responsibility

:35:39. > :35:42.to seek to bring Scotland together, to lead Scotland forward into a

:35:43. > :35:47.position which allows us to continue with the stability and certainty

:35:48. > :35:51.that membership of the European Union gives us. I am not saying that

:35:52. > :35:54.these issues are straightforward, but I do think it is the

:35:55. > :35:57.responsibility and indeed the opportunity which lies before us.

:35:58. > :36:04.Presumably, you don't want to risk losing another referendum - when the

:36:05. > :36:09.polls tell you you are almost certain to win it, you will call it,

:36:10. > :36:12.so what level of support in the polls do you need? My guiding

:36:13. > :36:16.principle in every decision I take over the coming weeks and months

:36:17. > :36:20.will be what I judged to be in the best interests not of the SNP or of

:36:21. > :36:24.me as First Minister but of Scotland. That is the responsibility

:36:25. > :36:29.I have, and that is how I will guide every decision. You just said the

:36:30. > :36:34.vote shows that Scotland is forward looking. Does it follow, then, that

:36:35. > :36:38.England and Wales are backward looking? The decision which was

:36:39. > :36:40.taken in other parts of the UK is a decision which people took

:36:41. > :36:46.democratically, after much consideration. It is a decision I

:36:47. > :36:50.deeply disagreed with alkali respect the decision which has been taken. I

:36:51. > :36:52.said during the campaign that I believed it was important to protect

:36:53. > :36:57.our position in the European Union and in the wider world as an outward

:36:58. > :37:01.looking and inclusive country. I think that is what got them voted

:37:02. > :37:06.for yesterday and that is what I want to protect. Article 50 - your

:37:07. > :37:13.predecessor, Alex Salmond, says he thinks it is absolutely crucial...

:37:14. > :37:16.We are going to leave that now, because we're going to go straight

:37:17. > :37:19.to Germany, where the German Chancellor, Angela Merkel, has been

:37:20. > :37:30.giving her reaction. She has expressed her great regret that the

:37:31. > :37:33.decision to UK has taken. TRANSLATION: What the day off today

:37:34. > :37:39.means for the next few weeks and months and years will also did hand

:37:40. > :37:44.on whether we, the remaining 27 member states of the European Union,

:37:45. > :37:51.show our willingness and ability in this situation not to be too hasty

:37:52. > :37:57.and come to hasty decisions out of returns except decision, which would

:37:58. > :38:06.further intensify the rifts in Europe. Instead, we have two remain

:38:07. > :38:13.calm and composed. We need to make composed and calm analyses and

:38:14. > :38:25.decisions. In doing so, we need to make sure that firstly, Europe is

:38:26. > :38:29.varied, and as varied as the people of Europe are, their expectations to

:38:30. > :38:32.the European Union are also varied. Time and time again, we are

:38:33. > :38:35.confronted with people who have doubts as regards the direction that

:38:36. > :38:42.the European integration process has taken. That does not only refer to

:38:43. > :38:46.break written, but in some extent or other, to other countries as well.

:38:47. > :38:52.-- to Great Britain. So we have to make sure that European citizens can

:38:53. > :38:55.feel how the European Union can actually make a contribution for the

:38:56. > :39:00.improvement of the lives of the citizens. That is a task or the

:39:01. > :39:07.European institutions, but also for the individual member states.

:39:08. > :39:13.Secondly, in a world that continually integrates, the

:39:14. > :39:18.challenges are far too large in order to make sure that individual

:39:19. > :39:22.states can tackle these challenges. The European Union is one of the

:39:23. > :39:30.largest economic areas of the world. It needs to understand itself as a

:39:31. > :39:32.partner that is accompanying globalisation and is able and

:39:33. > :39:40.willing to shape the globalisation process. It is a unique society and

:39:41. > :39:46.community of values and ethics, and it is a guarantor of stability. It

:39:47. > :39:52.is only in this fashion that we can guarantee our ideas, our interests,

:39:53. > :39:56.be it social interests, be it ecologically interests, be it

:39:57. > :40:04.foreign policy interests and defence policies, it is only then that we

:40:05. > :40:10.can actually maintain our ideas. Thirdly, we have to draw our

:40:11. > :40:15.conclusions of the European exit decision with historical dimensions.

:40:16. > :40:19.It may be hard to imagine, but we should never forget, especially in

:40:20. > :40:24.these days and hours, that the idea of European unity is the idea of

:40:25. > :40:32.European peace, after centuries of terrible bloodshed. The founding

:40:33. > :40:40.fathers of the European Union found a path which they enshrined these

:40:41. > :40:44.ideas in, in the Rome treaties, nearly 60 years ago. This is, and

:40:45. > :40:48.will remain in the future, something which is not to be taken for

:40:49. > :40:56.granted. We all see that this world is a world in turmoil. In Europe, we

:40:57. > :41:01.still feel the effects of riots, of unrest and of walls, wars which have

:41:02. > :41:05.cost the lives of so many people, and war la which have evict it so

:41:06. > :41:12.many people from their countries. Germany has a specific interest and

:41:13. > :41:20.also a specific responsibility for the European integration to succeed.

:41:21. > :41:28.Hence, I invited the French president, Francois Hollande, and

:41:29. > :41:34.Donald Tusk and the Italian Prime Minister, to come to Berlin for

:41:35. > :41:39.talks on Wednesday next week. We're going to increase the circle, in

:41:40. > :41:48.order to make our discussions more profound in Brussels. For a member

:41:49. > :41:57.to leave the European Union, we have a clearly designed process. This

:41:58. > :42:04.process envisages many-year negotiations which are to deal with

:42:05. > :42:08.the various aspects of Great Britain leaving the European Union. While

:42:09. > :42:12.these negotiations take place, which Britain remains a member of the

:42:13. > :42:14.European Union. All rights and obligations which are a result of

:42:15. > :42:20.the membership will still be in effect until the mentorship is

:42:21. > :42:29.totally removed. That remains in place for all parties. Our objective

:42:30. > :42:33.should be to design our co-operation and our partnership with Britain as

:42:34. > :42:37.closely as possible. One of our main focus areas for the federal

:42:38. > :42:41.government will be the European citizens and their safety and their

:42:42. > :42:46.prosperity. Ladies and gentlemen, the European Union is strong enough

:42:47. > :42:52.in order to find the right answers to today.

:42:53. > :42:59.STUDIO: She greatly regret the UK decision to leave the European

:43:00. > :43:03.Union, she says. She calls for calm and said as important to stay calm

:43:04. > :43:08.and composed. Let's get some more reaction now from Andrew Neil on

:43:09. > :43:18.College Green. Thanks, I'm joined by John

:43:19. > :43:23.Nicholson, SNP MP and Boris Johnson's father. John Nicholson,

:43:24. > :43:27.Scotland voted to stay by a pretty big majority. England has voted to

:43:28. > :43:31.Leave, the overwhelming votes mean the UK will leave as a whole. What

:43:32. > :43:35.would be the argument against another referendum on independence?

:43:36. > :43:39.I can't think of one off the top of my head. If you remember, during the

:43:40. > :43:44.independence referendum, of course you do because it covered closely,

:43:45. > :43:48.we were told repeatedly that if we voted for independence we would be

:43:49. > :43:52.out of the European Union, but if we voted against independence, it would

:43:53. > :43:57.guarantee our membership. That argument has collapsed with the vote

:43:58. > :44:02.yesterday and we cannot, it seems to me, be dragged out of the EU at

:44:03. > :44:11.against our will. So there will be another Scottish referendum? Highly

:44:12. > :44:15.likely, yes. Why not certain? Clearly, we've got to react calmly

:44:16. > :44:19.to this. We've got to talk to the other political leaders in Scotland,

:44:20. > :44:24.it would be ideal if we could move forward with a degree of consensus.

:44:25. > :44:27.The better together leaders, Labour and Conservative Lib Dem leaders,

:44:28. > :44:31.all promised us this would not happen, so I'm interested in hearing

:44:32. > :44:37.what they have to say this afternoon because clearly they misled the

:44:38. > :44:42.Scottish people. They believed we would stay in the European Union.

:44:43. > :44:48.What's their reaction to this? I'm sure we'll find out. You called for

:44:49. > :44:58.independence for London? That was a bit of a joke. My line was to fight

:44:59. > :45:02.for environmental features, to feature in the referendum. We did

:45:03. > :45:06.not succeed, because I was worried last night. We believe that we jolly

:45:07. > :45:12.well got to make sure whatever follows, we do preserve the vital

:45:13. > :45:18.environmental gains we've had from 40 years of Europe and we look to

:45:19. > :45:28.the future as well. Yes, I think it's a day we recognise as a day...

:45:29. > :45:34.You lost. The country has voted. We had a fantastic exercise of

:45:35. > :45:39.democracy. 32 million people. You rejoice? What would you have done if

:45:40. > :45:44.you had one? Climbing up the top of the tower. Will your son be the next

:45:45. > :45:47.Prime Minister? I hope he will put his name forward as one of the

:45:48. > :45:54.possible candidates. He would need to be selected by the MPs. That's

:45:55. > :46:04.the way it goes. I think he stands a chance. If he delivers 17 million

:46:05. > :46:08.votes for Leave he'll have a chance. He's very popular in the Tory party,

:46:09. > :46:12.in the country. If he makes the short list, which is then determined

:46:13. > :46:17.by the Tory party, not the MPs, he wins, I would have thought. I hope

:46:18. > :46:24.it takes good notice of the environmental issue. Not that I'm

:46:25. > :46:27.going to go on about this. These are the crucial issues we need to look

:46:28. > :46:33.ahead. As we rebuild this relationship. John Nicholson, I take

:46:34. > :46:38.the point about Scotland being voting to go a different way and the

:46:39. > :46:45.case for a second referendum but are you sure you would win? For example,

:46:46. > :46:49.if we're talking of a situation where an independent Scotland is a

:46:50. > :46:53.member of the EU, and the rest of the UK, particularly England, is

:46:54. > :46:57.not, you'll almost certainly having to take the euro because you would

:46:58. > :47:04.not allowed to be part of a London based monetary union? That's

:47:05. > :47:08.certainly one possibility, a separate Scottish currency pegged to

:47:09. > :47:13.the Euro or the pound. On the question or not we would win, but my

:47:14. > :47:18.constituency, East Dunbartonshire voted very heavily for the EU last

:47:19. > :47:21.night, the third-largest in the country, and also voted heavily

:47:22. > :47:25.against independence, so let me tell you my personal experience on the

:47:26. > :47:29.doors, when I go round campaigning, to people voting against

:47:30. > :47:34.independence, I quite often hear people tell me that where the UK to

:47:35. > :47:38.vote against the European Union, they would change their views on

:47:39. > :47:44.independence. I'm talking about businessmen, for example. You're not

:47:45. > :47:49.going to have this referendum until probably towards the end of the

:47:50. > :47:54.decade. While the Article 50 is being triggered. Before 2020, it

:47:55. > :47:58.could be a condition, membership you would have to accept the euro, 90%

:47:59. > :48:03.of Scottish exports coming to England, you would be trading in a

:48:04. > :48:09.foreign currency, a currency risk, oil prices may not have recovered,

:48:10. > :48:15.there may well be a border between Carlisle and England, it may not

:48:16. > :48:19.well be an easy and argument as you think this morning. I haven't said

:48:20. > :48:23.it an easy argument. These are political battles we have two face

:48:24. > :48:31.still, but I get a sense, instinct is people are waking up this morning

:48:32. > :48:34.and astonished at the result. In Scotland, people didn't focus on how

:48:35. > :48:37.English voters were going to behave in this referendum and I think a lot

:48:38. > :48:41.of Scottish voters are going to be very surprised at this result.

:48:42. > :48:50.Stanley Johnson, has signed taken as side of one union and then to lead

:48:51. > :48:55.to the destruction of another union known as the United Kingdom? Let's

:48:56. > :48:59.take one step at a time. I've just listened to as press conference, I

:49:00. > :49:02.thought was a statement like press conference and the statement he made

:49:03. > :49:07.I thought was full of wisdom and maturity. What is the answer to my

:49:08. > :49:12.question? The answer is, I do not know for one moment, with great

:49:13. > :49:19.respect, imagine we will move towards a referendum in Scotland

:49:20. > :49:23.which comes to a Yes Vote. Although I see the resurgence of the Tory

:49:24. > :49:28.party in Scotland, combined with the low oil price, which means you

:49:29. > :49:32.simply won't get that. We had better leave it there. And argument for

:49:33. > :49:36.another day and not a day will be coming, I suspect. Back to Sophie in

:49:37. > :49:42.Downing Street. Andrew, thank you very much. Of

:49:43. > :49:46.course, the decision taken by the British people yesterday but has all

:49:47. > :49:50.kinds of implications and all kinds of questions about what happens

:49:51. > :49:56.next. Clive Coleman is with me. Talk us through the very simple practical

:49:57. > :50:02.steps that will happen over the next few months. Absolutely, it comes

:50:03. > :50:05.under Article 50 of the Treaty of the European Union, pretty view, it

:50:06. > :50:11.only came into force under the Lisbon Treaty, since December 2009.

:50:12. > :50:14.There is no route map. It does not set down a strict timetable or a

:50:15. > :50:17.series of things that have to happen. What has to happen at the

:50:18. > :50:23.British Government has do inform the president of the European Council

:50:24. > :50:28.that we intend to leave. Once that is done, the clock starts ticking

:50:29. > :50:33.and within that period, two years, at the end of that period, we are

:50:34. > :50:37.out, no longer a member of the EU. Unless that period is extended and

:50:38. > :50:40.as to be extended by agreement. Within that period, an agreement can

:50:41. > :50:47.be done in a number of ways. Either it can be done between the UK and EU

:50:48. > :50:51.as a which seems likely, but it is possible you can have what is known

:50:52. > :50:55.as a mixed agreement, if individual member states face specific

:50:56. > :51:00.budgetary implications, then you can have a deal but in the UK on the one

:51:01. > :51:04.hand and the EU and individual member states on the other. If that

:51:05. > :51:09.did happen, that would prolong this process your and the two years. The

:51:10. > :51:14.other option, of course, there is no agreement and after two years, we

:51:15. > :51:19.simply leave the EU, big, any third party state, negotiating with the

:51:20. > :51:23.EU. One important thing to mention is that this negotiation, this

:51:24. > :51:27.agreement we are hoping to conclude within two years, is the basic

:51:28. > :51:31.divorce settlement if I can put it in that way. It does not necessarily

:51:32. > :51:35.mean the trade deal will be done and dusted within that period full so it

:51:36. > :51:39.might be but trade deals are notoriously lengthy and difficult

:51:40. > :51:42.things to conclude so sometimes it takes two decades so there's no

:51:43. > :51:46.guarantee by the end of that two-year period, we haven't deal on

:51:47. > :51:50.trade, on the free movement of goods, the deal will be the basic

:51:51. > :51:55.divorce settlement and may include those things and it may not. OK,

:51:56. > :51:59.thank you very much. We go now live to Brussels because Europe of course

:52:00. > :52:08.have been reacting with shock to the boat to leave. Matthew is in

:52:09. > :52:13.Brussels for us -- vote very interesting listening to what Clive

:52:14. > :52:17.were saying they about Article 50. Jean-Claude Juncker has been talking

:52:18. > :52:21.and saying he suspected the decision but goes on to say any delay would

:52:22. > :52:25.unnecessarily prolong uncertainty and we have the rules to deal with

:52:26. > :52:35.this in an orderly way. Let's speak to two NEPs who are here. Thank you

:52:36. > :52:40.for joining us here. Your reaction? It's a big disappointment. I still

:52:41. > :52:44.hoped reason would prevail and the UK would remain part of the EU. I

:52:45. > :52:49.respect the will of the majority of Britishisms, and I think they should

:52:50. > :52:52.have a wake-up call to European decision-makers on the continent as

:52:53. > :52:55.well because, let's face it, Euroscepticism is not specific to

:52:56. > :53:00.the UK and if an increasing number of our citizens grow disenfranchised

:53:01. > :53:05.with a European project, it means something is wrong. Before we came

:53:06. > :53:10.on, you said there was anger as well. In your view, aimed at David

:53:11. > :53:14.Cameron? Absolutely. He behaved totally responsibly and now, after

:53:15. > :53:22.creating this mess, leaving it to others to clean it up is utterly

:53:23. > :53:24.irresponsible. I do not believe this is traditional British leadership.

:53:25. > :53:32.We've seen British leaders of quality in the past, and I won't

:53:33. > :53:38.miss him. You set an interesting thing, Beatrix, as a German, you

:53:39. > :53:44.would've voted Remain but British, voted Leave. Explain that. We are

:53:45. > :53:48.losing the second-biggest player, so I guess it's probably not Greece or

:53:49. > :53:53.Italy to pay them what is lacking, but I think it might be a sad day

:53:54. > :53:59.for the European Union institutions but good day for Europe. Europe is

:54:00. > :54:02.based on sovereign democracies and sovereign states and the people have

:54:03. > :54:05.made clear they don't want to have a closer union for the best political

:54:06. > :54:09.concept does fail, people don't support it and the parties speaking

:54:10. > :54:15.out that way I gaining ground and I think this is good. I think this was

:54:16. > :54:21.a good day today. Was this the moment when close integration

:54:22. > :54:24.screeches to a halt in terms of that contagion, the domino effect? Is

:54:25. > :54:30.that a real buzz ability? A referendum is a real prospect. Why

:54:31. > :54:34.not ask the people in all the countries covered do you support the

:54:35. > :54:38.idea of the EU? Every time you have the possibility to decide, that was

:54:39. > :54:42.the Netherlands, Ireland, France, people voted against full it only

:54:43. > :54:45.the elite parliament voting in pushing forward the whole time and

:54:46. > :54:49.we are losing the people and the people want a referendum and if they

:54:50. > :54:56.have them, they take another direction. How long is this going to

:54:57. > :55:02.take to get a deal? We don't know. Trade, solitary, immigration? We

:55:03. > :55:08.don't know because we've never had such a case. If you really want

:55:09. > :55:11.sovereignty, facing the migration challenges, terrorism, climate

:55:12. > :55:17.change challenges, controlling the National 's, to regain sovereignty,

:55:18. > :55:23.we have two political Sebastien away to be strong enough to mean

:55:24. > :55:25.something and to shape our future -- political sovereignty. No country

:55:26. > :55:32.can shape its own future, it's only together we can do that. Briefly,

:55:33. > :55:35.emotionally, after 40 years of this union, where are you today

:55:36. > :55:43.emotionally? Emotionally, expresses a migrant crisis showing only the

:55:44. > :55:47.sovereign state decisions are pushing the migrant crisis a

:55:48. > :55:50.pitfalls of the Balkans and Austria closed the borders, not the European

:55:51. > :55:54.solution. Europe has failed completely on their behalf and so

:55:55. > :56:00.Schultz and Jean-Claude Juncker should step down because their

:56:01. > :56:03.concepts do not work. I remain a committed European because it only

:56:04. > :56:07.together we can begin to regain sovereignty but I'm committed to

:56:08. > :56:10.changing the medical forces because it cannot be that Europe is working

:56:11. > :56:16.for a tiny minority and leaving the majority of people behind. Do you

:56:17. > :56:22.have any idea, as we stand here discussing this, just how it is

:56:23. > :56:25.likely to pan out in the weeks and months? When do you think the

:56:26. > :56:29.negotiations might start rest muck very different noises coming from

:56:30. > :56:35.London and Brussels? Of course, Cameron is seeking to buy time, his

:56:36. > :56:40.early retirement, and I do not think this is an excuse for not starting

:56:41. > :56:46.the negotiations right away. Article 50 straightaway? Absolutely. We

:56:47. > :56:50.should have a request based on Article 50 at a council later this

:56:51. > :56:53.week and then when the process should start because we know it's

:56:54. > :56:58.going to be long but there's absolutely no reason and certainly

:56:59. > :57:01.not internal party politics, to delay the beginning of negotiations.

:57:02. > :57:07.That would be shameful on behalf of David Cameron. Beatrix, do you have

:57:08. > :57:10.any idea in your head, a model of full where Britain can actually end

:57:11. > :57:18.up in terms of relationships with EU now?

:57:19. > :57:26.We can see that Europe consists of more than 50 countries, and 28, now

:57:27. > :57:29.27, are members of the European Union, or will be. So we can see

:57:30. > :57:34.that there are several companies who do very well without being part of

:57:35. > :57:38.the European Union. Norway, the Swiss, other countries, they do very

:57:39. > :57:42.well. They did not even enter the European Union, and I do not get the

:57:43. > :57:45.feeling that they are badly off. So it is possible to survive within

:57:46. > :57:51.Europe without being a member. And one can have trade even without the

:57:52. > :57:55.euro. It functions. There we have to leave it. We will have plenty more

:57:56. > :57:56.coverage from here, and from Westminster. Stay with us here on

:57:57. > :58:15.BBC News. The UK has voted to leave the

:58:16. > :58:18.European Union, in the most seismic decision in generations. David

:58:19. > :58:23.Cameron has met the Queen this morning after announcing he will

:58:24. > :58:30.resign as Prime Minister. 52% of people who cast a vote in the ballot

:58:31. > :58:34.made the momentous decision to leave the EU. Boris Johnson, who led the

:58:35. > :58:39.Leave campaign, page tribute to the outgoing Prime Minister. There's

:58:40. > :58:43.simply no need in the 21st century to be part of a federal system of

:58:44. > :58:46.government based in Brussels, which is imitated nowhere else on earth

:58:47. > :58:56.full stop it was a noble idea for its time. It is no longer right for

:58:57. > :59:01.this country. A visibly emotional David Cameron earlier stood outside

:59:02. > :59:09.the door of No 10 with his wife Samantha to explain his decision to

:59:10. > :59:12.leave. I will do everything I can as Prime Minister to steady the ship

:59:13. > :59:18.over the coming weeks and months. But I do not think it would be right

:59:19. > :59:21.for me to try to be the captain who steers our country to its next

:59:22. > :59:27.destination. There's dismay in the sad fact, as the pound plunges. The

:59:28. > :59:33.financial markets also fell shopping. -- there's dismay in the

:59:34. > :59:39.City. And Scotland's First Minister, Nicola Sturgeon, says a second

:59:40. > :59:47.independence referendum is highly likely after Scots voted

:59:48. > :59:50.overwhelmingly to remain in the EU. The vote has already claimed the

:59:51. > :59:54.scalp of the Prime Minister and it has shocked the political

:59:55. > :59:57.establishment here in Westminster, where crowds are gathering,

:59:58. > :00:01.helicopters are in the air, trouble in the Labour ranks as well, and the

:00:02. > :00:07.prospect of a referendum on Scottish independence. I will be speaking to

:00:08. > :00:10.leading commentators and politicians, all of this, as British

:00:11. > :00:15.politics tries to come to terms with the result. And voters here in

:00:16. > :00:19.Manchester, absorbing all the new information which emerges with each

:00:20. > :00:22.news conference. What is dominating conversation now is that second,

:00:23. > :00:45.highly likely, independence referendum in Scotland.

:00:46. > :00:52.Good afternoon from Downing Street. After more than 40 years, Britain

:00:53. > :00:58.has voted to end its membership of the European Union. The vote was

:00:59. > :01:02.decisive-50 2% voted to leave the EU, 48% wanted to to stay. David

:01:03. > :01:06.Cameron has met Queen at Buckingham Palace to formally tell her of his

:01:07. > :01:10.intention to resign as Prime Minister. 52% voted to leave. We

:01:11. > :01:14.have heard from Boris Johnson, Jean-Claude Juncker, Nicola

:01:15. > :01:18.Sturgeon, amongst many other world leaders, and we will have all of the

:01:19. > :01:23.latest developments in a moment. First, let's take a closer look at

:01:24. > :01:24.the final result, which shows that Leave secured its victory by a

:01:25. > :01:45.margin of more than a million votes. It was a high turnout. In England,

:01:46. > :01:51.more than 15 million people voted for the UK to leave the European

:01:52. > :01:54.Union... In Scotland... Every single voting area came out in favour of

:01:55. > :02:08.Remain. In Wales, Leave secured the most

:02:09. > :02:13.votes in all but five of the 22 counting areas. In Northern Ireland,

:02:14. > :02:19.which shares a land border with the European Union, voters backed

:02:20. > :02:25.Remain, with 55% of voters choosing to remain in the EU. Speaking here

:02:26. > :02:28.outside No 10 at about quarter past eight this morning, the Prime

:02:29. > :02:33.Minister said that he would steady the ship over the coming months, but

:02:34. > :02:37.that fresh leadership was required. I think the country requires fresh

:02:38. > :02:43.leadership to take it in this direction. I will do everything I

:02:44. > :02:47.can as Prime Minister to steady the ship over the coming weeks and

:02:48. > :02:53.months. But I do not think it would be right for me to try to be the

:02:54. > :02:58.captain that steers our country to its next destination. This is not a

:02:59. > :03:01.decision I have taken lightly. But I do believe it is in the national

:03:02. > :03:04.interest to have a period of stability, and then the new

:03:05. > :03:10.leadership required. There's no need for a precise timetable today, but

:03:11. > :03:13.in my view, we should aim to have a new Prime Minister in place by the

:03:14. > :03:19.start of the Conservative Party conference in October. One of the

:03:20. > :03:22.politicians who led the campaign to leave, the former Mayor of London

:03:23. > :03:26.Boris Johnson, has paid tribute to the Prime Minister, as one of the

:03:27. > :03:34.most extraordinary politicians of our age. Mr Johnson said Britain

:03:35. > :03:40.would have the opportunity to find its voice in the world again. I

:03:41. > :03:44.believe we now have a glorious opportunity. We can pass our laws

:03:45. > :03:49.and set our taxes entirely according to the needs of the UK economy. We

:03:50. > :03:52.can control our borders in a way which is not discrimination and but

:03:53. > :03:58.fair and balanced, and take the wind out of the sails of the extremists

:03:59. > :04:03.and those who would play politics with immigration. And as we have

:04:04. > :04:09.been hearing, the voting patterns have highlighted sharp divisions

:04:10. > :04:13.across the United Kingdom. More than 62% of people in Scotland voted to

:04:14. > :04:17.stay in the EU, raising the prospect of Scotland being taken out of the

:04:18. > :04:21.EU against its will. The First Minister of Scotland, Nicola

:04:22. > :04:25.Sturgeon, has told a news conference a short time ago that it was a

:04:26. > :04:29.statement of the obvious that the option of a second referendum was

:04:30. > :04:36.now on the table. When the article 50 process is triggered in three

:04:37. > :04:40.months' time, the UK will be on a two-year path to the EU exit door.

:04:41. > :04:44.If Parliament judges that a second referendum is the best or only way

:04:45. > :04:49.to protect our place in Europe, it must have the option to hold one

:04:50. > :04:53.within that time scale. That means we must act now to protect that

:04:54. > :04:58.position. I can therefore confirm today that in order to protect that

:04:59. > :05:02.position, we will begin to prepare the legislation that would be

:05:03. > :05:05.required to enable a new independence referendum to take

:05:06. > :05:14.place if and when Parliament so decides. Our assistant political

:05:15. > :05:19.editor, Norman Smith, is with me now. So much changing in such a

:05:20. > :05:23.short time. News now about Jeremy Corbyn? Events are moving

:05:24. > :05:26.extraordinarily quickly. A letter of no confidence has been tabled in

:05:27. > :05:31.Jeremy Corbyn from Margaret Hodge and Alan Covey, two very senior

:05:32. > :05:35.Labour figures. That has been sent to the chairman of the Parliamentary

:05:36. > :05:38.Labour Party. We will consider it. That should then be put to a meeting

:05:39. > :05:46.of the Parliamentary Labour Party for discussion on Monday. If it is

:05:47. > :05:51.accepted, it is quite possible a ballot will begin on whether there

:05:52. > :05:54.should be a challenge to Jeremy Corbyn, on Tuesday. In other words,

:05:55. > :05:59.Mr Cameron has gone this morning, we have the prospect of a second

:06:00. > :06:04.independence referendum, with Nicola Sturgeon clearly indicating that is

:06:05. > :06:07.how one option which is on the table in the now we have a question mark

:06:08. > :06:11.about whether Jeremy Corbyn will remain as leader. In other words,

:06:12. > :06:15.this referendum is pretty much thrown the whole political jigsaw up

:06:16. > :06:21.in the air, and who knows how it is going to end? Seismic is the word we

:06:22. > :06:25.keep hearing, however you voted. We have not seen anything like this for

:06:26. > :06:28.generations. Funny thing about it all is that what happens here is the

:06:29. > :06:34.least important part of the whole story. On any other day, a Prime

:06:35. > :06:37.Minister resigning, a Labour leader facing a challenge, a possible

:06:38. > :06:42.second independence referendum, that would be massive. They are all big,

:06:43. > :06:46.but they pale into the comparison with the enormity of the decision we

:06:47. > :06:51.as a nation have now taken. We have basically decided to move away from

:06:52. > :06:55.a settled, 40 year period of history who were part of a Common Market, a

:06:56. > :06:58.European Union. It is one of those benchmark moments in our island

:06:59. > :07:01.story, when we have consciously decided to take another step in

:07:02. > :07:05.another direction. That is a massive, massive story. In my

:07:06. > :07:11.lifetime I cannot think of as big a moment. It is one of those profound,

:07:12. > :07:17.life-changing, historic, turning point decisions, which actually,

:07:18. > :07:21.despite all the things which are going on today, totally overshadows

:07:22. > :07:24.all of that. The other thing to say is, the pace with which everything

:07:25. > :07:28.is now moving. The leadership contest for Jeremy Corbyn may begin

:07:29. > :07:32.next week. The contest for David Cameron I suspect is pretty much

:07:33. > :07:40.already under way in the privacy of the rooms of the key players in the

:07:41. > :07:45.Tory party. We will have to move pretty quickly I would think in

:07:46. > :07:50.terms of a different sort of shadow cabinet as well. We awoke this

:07:51. > :07:55.morning a divided nation? Yes, that is I suppose what was most striking

:07:56. > :07:57.about the press conference by the Brexiteers, Boris Johnson and

:07:58. > :08:02.Michael Gove. There was no crowing, no jubilation. It was sombre and,

:08:03. > :08:08.so, because they know there are many, many people, yes, some will be

:08:09. > :08:12.delighted, others are worried and fretful, and I thought it was

:08:13. > :08:15.particularly significant, Boris Johnson went out of his way to

:08:16. > :08:19.appeal to younger voters, saying, this does not mean we are less

:08:20. > :08:22.European. We are still part of the European continent. Our children and

:08:23. > :08:26.grandchildren will still be Europeans. In many ways he thinks a

:08:27. > :08:30.relationship with Europe will be better. But their town and message

:08:31. > :08:34.underlines the fact that they know that this referendum has exposed

:08:35. > :08:39.deep, deep divisions in this country, geographically, socially,

:08:40. > :08:45.culturally busy somehow that has to be put together again. So much

:08:46. > :08:50.reaction continuing to come in from politicians and everybody else. It

:08:51. > :08:54.has been called up or Independence Day by Ukip, after Britain voted to

:08:55. > :08:57.leave the EU. And also reaction to the subsequent resignation of David

:08:58. > :09:02.Cameron. Andrew Neil is on College Green bit 20 more reaction. It is a

:09:03. > :09:06.bit of a circus down here! There's people all over the place, some

:09:07. > :09:13.demonstrators, they are quite noisy as well. The world's media is here.

:09:14. > :09:17.We have got TV crews, broadcasters from all over the world, from Asia,

:09:18. > :09:21.Europe, the United States, Australia and other parts of the Commonwealth

:09:22. > :09:25.as well. And we also have Daniel Hannan, a member of the European

:09:26. > :09:29.Parliament, a Tory who was campaigning to leave. Damian Green,

:09:30. > :09:33.Tory MP who was campaigning to remain. Chris Leslie, Labour MP,

:09:34. > :09:36.campaigning to remain as well. Daniel Hannan, we have heard this

:09:37. > :09:41.morning from leading European figures, in Brussels, the Parliament

:09:42. > :09:48.and so on, that they want to begin the divorce proceedings right away.

:09:49. > :09:52.They do not want a delay. And yet it seems that it is the tactic of the

:09:53. > :09:56.British Government to hold on for a while? There are bound to be frayed

:09:57. > :10:00.tempers in the immediate aftermath. It is important that there should be

:10:01. > :10:05.a cooling off period before we begin talks. Obviously, there's going to

:10:06. > :10:10.be a change in personnel in the UK. When that process has been complete,

:10:11. > :10:14.we can then move towards a phased repatriations of power. I think it

:10:15. > :10:18.is very important to stress that quite a lot of what we are doing

:10:19. > :10:22.will remain in place. We have to recognise that Damian's side got 40%

:10:23. > :10:29.of the vote. An enormous number of people watching voted for the status

:10:30. > :10:32.quo. Two of the four constituent nations of the UK voted for the

:10:33. > :10:38.status quo. We do not have a mandate for anything precipitous or radical

:10:39. > :10:41.or unilateral. We will want to go ahead with the consent of our

:10:42. > :10:45.European allies, wherever possible carry on with us the majority of the

:10:46. > :10:49.British people, not just the 52% who voted to leave. So when these senior

:10:50. > :10:55.European figures say, let's get on with the negotiations. Uncertainty

:10:56. > :11:00.is in nobody's business, you think we will be able to talk them out of

:11:01. > :11:03.that? You know, it was very clear even before this referendum began

:11:04. > :11:07.that there was always a deal on offer for us of being in the market

:11:08. > :11:11.but outside political union. This was even from the most hardline

:11:12. > :11:15.federalists. Chapter law called it privileged partnership. Someone else

:11:16. > :11:19.called it associate mentorship. The idea was that we would be part of

:11:20. > :11:23.the free movement of goods and services but outside the political

:11:24. > :11:27.citizenship and so on. I am in no doubt that that is still on offer.

:11:28. > :11:32.It is a question of getting there amicably, and with a transition

:11:33. > :11:38.which has a maximum consensus behind it in this country, and is fair to

:11:39. > :11:41.our friends and allies as well, in a timescale which suits both sides.

:11:42. > :11:46.Who would be best equipped to lead these negotiations on the British

:11:47. > :11:49.side? Well, it can't be Sir Humphrey in Brussels. They are the people who

:11:50. > :11:53.created the mess in the first place. At the Prime Minister got a

:11:54. > :11:57.different deal, this referendum would not have produced the outcome

:11:58. > :12:00.it did. We cannot have the same Foreign Office grandees repeating

:12:01. > :12:03.their mistake. There needs to be I think a group of people who

:12:04. > :12:07.represent the will of the British people. As I say, taking into

:12:08. > :12:11.account the fact that it was a narrow result, and that quite a lot

:12:12. > :12:16.of what we have done is going to stay in place. We are not going to

:12:17. > :12:20.rip everything up. It will be a tiff and gentle repatriation of power.

:12:21. > :12:29.Damian Green, is that realistic to get negotiations or does not take

:12:30. > :12:32.into account the hard line that the European Union members could well

:12:33. > :12:38.take? We can't yet know what they will take or well indeed they will

:12:39. > :12:42.be a united front. The problem with this debate in this country is its

:12:43. > :12:47.as versus a block, 27 different countries. They will have their own

:12:48. > :12:52.differences and interest in renegotiation. The problem with the

:12:53. > :12:56.outline of what should happen is the degree of the length of time of

:12:57. > :13:02.uncertainty there would be. Inevitably, we are seeing market

:13:03. > :13:05.chaos as predicted today, and, clearly, it's inevitable primers to

:13:06. > :13:08.had to stand down as well but that in itself delayed everything by a

:13:09. > :13:14.few months. Clearly you need a new Prime Minister. That would unite to

:13:15. > :13:20.see heading up negotiations? I think they have to be led by the new Prime

:13:21. > :13:24.Minister. Boris Johnson then? Let's sue the runners and riders are

:13:25. > :13:29.before we get into that. If not then, who? I suspect a lot of people

:13:30. > :13:36.put their hat into the ring. A number of people. Who will beat him?

:13:37. > :13:39.I don't know because I don't know who is going to stand. Until they

:13:40. > :13:47.do, it's a difficult question to answer. We've just seen the text of

:13:48. > :13:54.a letter that Margaret Hodge, a leading Labour backbencher, has sent

:13:55. > :13:59.to for consideration of the Parliamentary Labour Party, its next

:14:00. > :14:03.meeting, Monday, and it is submitting for urgent consideration

:14:04. > :14:07.that the Parliamentary Labour Party has no confidence in Jeremy Corbyn

:14:08. > :14:15.as leader of the Parliamentary Labour Party. The Prime Minister is

:14:16. > :14:19.going. Is Jeremy Corbyn's leadership in crisis? This is a pretty seismic

:14:20. > :14:24.event for the whole country. Obviously our first priority has to

:14:25. > :14:26.be to make sure that we respond to this challenge in the appropriate

:14:27. > :14:31.way but there's certainly some issues from before the Labour Party.

:14:32. > :14:34.I'm not surprised that colleagues from across the Parliamentary Labour

:14:35. > :14:38.Party are starting to think about that. It sounds to me like it's a

:14:39. > :14:43.motion for debate. We had one of these back in January, whenever,

:14:44. > :14:47.when MPs in the PLP vote on a particular question, like a motion

:14:48. > :14:52.at an ordinary meeting. Would you vote for this motion? It sounds like

:14:53. > :14:55.a standard no-confidence motion so for me, there seems to be two or

:14:56. > :15:00.three key things which would mean I have to weigh the map. For a start,

:15:01. > :15:03.did Jeremy Corbyn managed to speak to our core support across the

:15:04. > :15:10.country? Did he mobilise that support? The PLP, the conference

:15:11. > :15:13.were saying should be vote in? I think there was a failure there. Has

:15:14. > :15:20.Jeremy got the ability to reach out to build, an early general election,

:15:21. > :15:26.it could be four months within four years, says various times, there are

:15:27. > :15:29.worries about that. For me, it's about having opposition party that

:15:30. > :15:34.can speak to the concerns and challenges the public have been

:15:35. > :15:40.saying, about immigration, whatever, and it's no secret I didn't nominate

:15:41. > :15:43.or voter Jeremy Corbyn and so I would say today he does need to

:15:44. > :15:46.consider his position. And think about whether he should do the

:15:47. > :15:50.honourable thing. Sounds like you're voting for this motion. Every MP

:15:51. > :15:57.will have to search their conscience. I think I would need an

:15:58. > :15:59.awful to persuading to have confidence in Jeremy 's leadership

:16:00. > :16:06.to go into a general election. Gentlemen, thank you. Let's go back

:16:07. > :16:10.to Sophie in Downing Street. Andrew, thank you very much. One

:16:11. > :16:14.immediate concern this morning was the city, the financial markets, how

:16:15. > :16:19.they would react and they certainly did react because as a result became

:16:20. > :16:23.clear the pound plunged, its biggest one-day drop for decades. The

:16:24. > :16:26.governor of the Bank of England, Mark Carney has sought to reassure

:16:27. > :16:30.financial markets and he said the bank was well-prepared. Ben Thompson

:16:31. > :16:35.is monitoring the markets in the city. What has been happening in the

:16:36. > :16:42.last hour or so? Are the markets rallying? We often talk about roller

:16:43. > :16:46.coasters is on the markets but today that evident. This is what happened

:16:47. > :16:52.to the pound. You can see evidence overnight as news of that Leave

:16:53. > :16:56.victory filtered through. You can see over the morning, it managed to

:16:57. > :17:01.stabilise, winning back some losses but in the last few minutes, as

:17:02. > :17:04.America wakes up to that news, the UK is to leave the European Union,

:17:05. > :17:10.it is starting to lose ground once again. I want to take you to what

:17:11. > :17:15.the equity markets are doing. Across Europe, this is the picture. The

:17:16. > :17:20.FTSE 100 is down 4.5%, but in mainland Europe, bigger losses in

:17:21. > :17:27.Frankfurt and Paris, the market in Frankfurt down more than 7%. Also in

:17:28. > :17:31.Paris as well, down 8.7%, so lots of concern and volatility. Some of the

:17:32. > :17:34.biggest losers on the London market, the airlines, house-builders,

:17:35. > :17:43.retail, all down pretty sharply as the results came in. Let's beat

:17:44. > :17:49.Stewart. Good morning. Let's talk about this volatility. That lets

:17:50. > :17:53.speak to Alex Stewart. Our markets figuring in a new reality for

:17:54. > :17:58.London? Definitely, up until yesterday, there was a lot of

:17:59. > :18:01.confidence and was going to be a Remain vote. The bookies were saying

:18:02. > :18:06.and 80% chance, so this has come as a shock to certain parts of the

:18:07. > :18:10.market and now it's a case of Di jesting it and trying to work out

:18:11. > :18:14.what it means. Have we swapped one set of uncertain issues for another

:18:15. > :18:19.because the city was looking towards today, we would vote in or out, and

:18:20. > :18:23.we now know no what the decision is and it strikes were we discovered a

:18:24. > :18:27.whole lot more to come? We have a leadership election coming up.

:18:28. > :18:31.Imminently. And then negotiations start with the EU and we have no

:18:32. > :18:35.idea what form the agreement will take, so the uncertainty will be

:18:36. > :18:39.around for a while longer now. What does any of this matter to the

:18:40. > :18:44.average person because is this just bankers in offices talking about a

:18:45. > :18:48.future or real stuff that will affect all of us in our pockets?

:18:49. > :18:53.Immediately, even notice the difference other than holiday money

:18:54. > :18:57.because of the impact on sterling but things will continue as normal

:18:58. > :19:02.until was a negotiation but yes, the value has been wiped off the equity

:19:03. > :19:05.market, more difficult for companies to fund but the Bank of England are

:19:06. > :19:09.standing ready to support the banking system and it should not be

:19:10. > :19:14.a problem in terms of liquidity but we all have to take stock and work

:19:15. > :19:20.out what this means for economic growth, for inflation, industry.

:19:21. > :19:23.Thank you. We will stay here all day and keep a close eye on what happens

:19:24. > :19:28.and, crucially, we saw what happened in Asia and we are seeing Europe and

:19:29. > :19:32.will keep a close eye on that but crucially, it's just turned 20 past

:19:33. > :19:35.seven in New York and we get an indication of what markets are

:19:36. > :19:42.thinking they're a little bit later. Back to you. Ben Thompson, we will

:19:43. > :19:46.be back to you for that. Thank you. We have gathered a panel of voters,

:19:47. > :19:51.those who wanted to Remain and those who want to Leave in Manchester with

:19:52. > :19:58.Victoria Derbyshire. We will join her now.

:19:59. > :20:02.Yes, voters have been exercised about the possibility of a second

:20:03. > :20:05.independence referendum in Scotland. We are mostly here with voters in

:20:06. > :20:11.the north-west of England it should be pointed out. Suzanne, you voted

:20:12. > :20:15.to leave. When you saw Nicola Sturgeon with her press conference,

:20:16. > :20:18.you across. Why? I'm furious with her to be frank because they've

:20:19. > :20:23.already had their referendum in Scotland and decided to stay part of

:20:24. > :20:27.UK. The UK has voted and this is the decision. What we need at the moment

:20:28. > :20:31.is unity, not Nicola Sturgeon trying to hijack the whole process so she

:20:32. > :20:36.can become the independent leader of Scotland. It's all right for you to

:20:37. > :20:42.vote for Britain to leave Europe but not Scotland to vote to leave the

:20:43. > :20:45.UK? I think they've had the referendum and they want to be part

:20:46. > :20:49.of the UK and the UK has had that decision. In the future, they want

:20:50. > :20:52.to change that, if something for the future but at the moment, we need

:20:53. > :20:57.stability and she's wiping that away. The Scottish people have a

:20:58. > :21:02.democratic mandate. The majority of Scots voted to remain in the

:21:03. > :21:06.European Union. Now, the fact English and Welsh voters have

:21:07. > :21:10.dragged the Scottish people out of it, it gives them that mandate and I

:21:11. > :21:13.believe they should have a second referendum. Obviously I want

:21:14. > :21:18.Scotland to stay as part of the UK but the Scottish people must decide.

:21:19. > :21:25.You voted last time for independence for Scotland. I did. I chose to vote

:21:26. > :21:29.for Scottish independence was on the basis that I suspected there would

:21:30. > :21:34.be an EU referendum and I suspect the rest of the UK would choose to

:21:35. > :21:37.leave the EU. Whilst I won't have a vote next time, I imagine that would

:21:38. > :21:40.be one of the major talking point for the Scottish people to consider.

:21:41. > :21:49.Let me ask people who support Labour, confident in Jeremy Corbyn?

:21:50. > :21:53.I'm not surprised in one sense. I'm surprised how quickly it come about.

:21:54. > :21:58.I think it was inevitable he would come up to calls to resign or

:21:59. > :22:03.someone would come forward and force it. Do you have confidence in Labour

:22:04. > :22:11.leader? Not at the moment because he was very throughout the campaign. I

:22:12. > :22:15.think it's a reaction from the usual suspects. People looking for

:22:16. > :22:19.opportunities at any time. A no-confidence motion on him. We need

:22:20. > :22:26.introspection of what went wrong before we start finger pointing. It

:22:27. > :22:28.will be hard to convince the majority, the clear majority of

:22:29. > :22:34.Labour members voted overwhelmingly for Jeremy Corbyn. If Boris Johnson

:22:35. > :22:37.ends up being the next Conservative prime in Vista, were Jeremy Corbyn

:22:38. > :22:41.be the right man to go head-to-head with him in a general election?

:22:42. > :22:44.Boris is one of the popular politicians in the countries to any

:22:45. > :22:49.MP would have a difficult job leading the party in a general in

:22:50. > :22:55.that fight. We would elect a buffoon as party leader and Prime Minister.

:22:56. > :23:00.As a Tory voter, I'm not too sure Boris is the presumptive new Prime

:23:01. > :23:03.Minister. There are very talented people in the Conservative Party

:23:04. > :23:07.that would rally around and maybe even a woman this time. Thank you

:23:08. > :23:14.for the moment or later. -- more later. Victoria, thank you very

:23:15. > :23:18.much. Talking about Scotland at the beginning, and Scotland, as we know,

:23:19. > :23:24.voted overwhelmingly to stay in the European Union. Let's give you a

:23:25. > :23:27.proper breakdown of how the entire UK voted yesterday. Christian Fraser

:23:28. > :23:31.has been looking through the numbers in detail. Let's look at those

:23:32. > :23:36.numbers in greater detail. We start with England full support over 22

:23:37. > :23:44.million voted on Thursday. Turnout, 72%. The highest turnout since 1992

:23:45. > :23:49.in a nationwide vote for the margin of victory, six points for Leave.

:23:50. > :23:53.The bookies got it wrong because they did not understand what was

:23:54. > :23:56.going on in real England and in these key Labour supporting areas in

:23:57. > :24:00.the north and north-west of the country. The maroon bits of yellow,

:24:01. > :24:06.Liverpool, Manchester, Leeds, York, Harrogate. And Newcastle by the

:24:07. > :24:12.slenderest of margins for the Blunden, as we said, mostly voting

:24:13. > :24:16.for Remain: not all part of the South. Key areas in Kent, in blue.

:24:17. > :24:22.Let's look at Scotland. A very different picture of course, all 32

:24:23. > :24:28.authorities voted for Remain. 2.7 million voted in Scotland, said the

:24:29. > :24:32.turnout lower than the UK average. Voter fatigue possibly? Four

:24:33. > :24:39.elections in under two years. You can see the result is overwhelming,

:24:40. > :24:42.62% against 38%. Edinburgh, 74% in favour of Remain which is why it's

:24:43. > :24:48.opening up a debate again about the Scottish referendum. Similar actor

:24:49. > :24:53.in Northern Ireland. 790,000 people voted in Northern Ireland. Turnout

:24:54. > :24:58.slightly lower than the UK average look at all yellow areas around the

:24:59. > :25:04.border regions. Three out of four areas in Belfast voting for Remain.

:25:05. > :25:11.In Wales, a big turnout. But only five of the 22 areas voting for

:25:12. > :25:17.Remain. Cardiff, yes, Swansea no. Merthyr Tydfil, Newport, Caerphilly,

:25:18. > :25:22.all these areas going for Leave. Let me show you the key Leave supporting

:25:23. > :25:27.areas in the country, two in Lincolnshire. Here you go, Boston,

:25:28. > :25:32.South Holland, Castle Point in Essex. Great Yarmouth. Great Ukip

:25:33. > :25:36.supporting areas. The top five remaining, Gibraltar at the top,

:25:37. > :25:42.almost overwhelmingly in favour of Remain. The London boroughs, and

:25:43. > :25:49.foil in Northern Ireland for that you can check out the results on the

:25:50. > :25:54.website. Christian Fraser, thank you very much. We are going to Burnley

:25:55. > :25:58.in Lancashire now. Ed Thomas is there, gauging reaction to the

:25:59. > :26:04.referendum result. He is at a hairdressers. Yes, Sophie, two out

:26:05. > :26:08.of three people here in Burnley voted to get out of the European

:26:09. > :26:12.Union. Speak to people in this town today and they use words like

:26:13. > :26:16.celebration, time for a party. We have got the power back. This is a

:26:17. > :26:20.town shaped by immigration, some of the most deprived areas of the

:26:21. > :26:25.country, right here in Burnley, and passions were running high here.

:26:26. > :26:29.None less so than in this hairdressers. Every single person in

:26:30. > :26:36.here voted. Michael, very quickly, how are you feeling today? I voted

:26:37. > :26:41.out, I feel right pleased about it. I didn't expect it. I certainly did

:26:42. > :26:45.not think we would win. What was it which drove you to vote out? I've

:26:46. > :26:52.never loved the European Union in a sense I always feel I need to be

:26:53. > :26:57.able to vote for MP and I can pick them out. There's no democracy, they

:26:58. > :27:04.are unelected people running, the MEPs are just a token thing and I

:27:05. > :27:08.think we are better off here and we always have been. Thank you for

:27:09. > :27:10.talking to us. Further down here, a very different feeling. Hillary,

:27:11. > :27:23.what are your thoughts today? I'm just worried about the economy,

:27:24. > :27:30.and jobs, and terrorists, that we will not get the information.

:27:31. > :27:36.Uncertainty. Yes, that's it. Hillary is in the minority the Stacey, what

:27:37. > :27:40.were your emotions when you woke up this morning? I was shocked at first

:27:41. > :27:45.because I did not think we would actually be out. But in a way, I am

:27:46. > :27:50.very happy. I think we can take back our control, and hopefully the NHS

:27:51. > :27:54.will pick up. I hope they live up to what they have said they're going to

:27:55. > :27:58.do, which is improve everything that we have got today. Is that what you

:27:59. > :28:02.were thinking when you voted for exit, you were thinking of the NHS,

:28:03. > :28:08.you were thinking of immigration? Yes, I was, yes. I have a lot of

:28:09. > :28:11.dealings with the NHS, a member of the family will be there throughout

:28:12. > :28:18.the whole of their life. So it makes a massive difference to me. I know

:28:19. > :28:21.what Nigel Farage said this morning, that he basically told a lie, but it

:28:22. > :28:26.has got to be better than what it is now. All right, Stacey, everyone

:28:27. > :28:32.else, thank you very much for speaking to us. A loud and clear

:28:33. > :28:35.message here from the majority of people in Burnley, across east

:28:36. > :28:39.Lancashire as well. They are happy with the UK voting out of the

:28:40. > :28:45.European Union. Ed Thomas in Burnley, thank you. The time is half

:28:46. > :28:50.past 12. You are watching a BBC News special, following the EU

:28:51. > :28:55.referendum. We can go now to my colleague Joanna Gosling in the BBC

:28:56. > :28:58.Newsline. After more than 40 years, the UK is to end its membership of

:28:59. > :29:03.the European Union. The decision has been decisive, with and Leave

:29:04. > :29:07.campaign securing its victory by a margin of more than 1 million votes.

:29:08. > :29:11.The Prime Minister, David Cameron has said he will step down and a new

:29:12. > :29:16.prime and is there will be in place within months. In total, 17.4

:29:17. > :29:19.million people voted for the UK to leave the EU. That compares with

:29:20. > :29:25.16.1 million voters who backed Remain. Turnout was the highest

:29:26. > :29:31.level in a nationwide ballot in the UK since 1992. As the UK woke up to

:29:32. > :29:39.the news that it is to exit the European Union, Leave campaigners

:29:40. > :29:42.began celebrating. Nigel Farage lead those in Westminster, saying June

:29:43. > :29:46.the 21st should now be regarded as Britain's Independence Day. Those

:29:47. > :29:51.from the Remain camp described the result as a catastrophe. Supporters

:29:52. > :29:54.of Remain consoled each other as the campaign received

:29:55. > :29:57.lower-than-expected support across swathes of England, including the

:29:58. > :30:02.Midlands and the north. Speaking outside Downing Street David Cameron

:30:03. > :30:07.said he will resign as Prime Minister, with a new leader by

:30:08. > :30:12.October. I think the country requires fresh leadership to take it

:30:13. > :30:15.in this direction. I will do everything I can as Prime Minister

:30:16. > :30:21.Tuesday dealership over the coming weeks and months, but I do not think

:30:22. > :30:26.it would be right for me to try to be the captain that steers our

:30:27. > :30:31.country to its next destination. This is not a decision I have taken

:30:32. > :30:35.lightly, but I do believe it is in the national interest to have a

:30:36. > :30:39.period of stability, and then new leadership required. There is no

:30:40. > :30:43.need for a precise timetable today, but in my view, we should aim to

:30:44. > :30:48.have a new Prime Minister in place by the start of the Conservative

:30:49. > :30:52.Party conference in October. One of the politicians who led the campaign

:30:53. > :30:55.to leave, the former mayor of London Boris Johnson, paid tribute to David

:30:56. > :30:59.Cameron as one of the most extraordinary politicians of our

:31:00. > :31:04.age. Mr Johnson also said that in the future, Britain would benefit

:31:05. > :31:08.from the vote to leave. There is simply no need in the 21st century

:31:09. > :31:12.to be part of a federal system of government based in Brussels that is

:31:13. > :31:20.imitated nowhere else on earth. It was a noble idea for its time. It is

:31:21. > :31:24.no longer right for this country. And it is the essence of our case

:31:25. > :31:31.that young people in this country can look forward to a more secure

:31:32. > :31:36.and prosperous future if we take back the democratic control that is

:31:37. > :31:41.the foundation of our economic prosperity. I believe we now have a

:31:42. > :31:49.glorious opportunity. We can pass our laws and set out XXX entirely

:31:50. > :31:52.according to the needs of the UK economy. We can control our own

:31:53. > :31:58.borders in a way that is not describe nature in but fair and

:31:59. > :32:03.balanced, and take the wind out of the sails of the extremists and

:32:04. > :32:11.those who would play politics with immigration. More than 62% of people

:32:12. > :32:14.in Scotland voted to stay in the EU. The First Minister of Scotland,

:32:15. > :32:20.Nicola Sturgeon, says that meant the option of a second referendum was on

:32:21. > :32:23.the table. When the article 50 process is triggered in three

:32:24. > :32:29.months' time, the UK will be on a two-year path to the EU exit door.

:32:30. > :32:33.If Parliament judges that a second referendum is the best or only way

:32:34. > :32:40.to protect our place in Europe, it must have the option to hold one

:32:41. > :32:44.within that timescale. That means we must act now to protect that

:32:45. > :32:49.position. I can therefore confirm today that in order to protect that

:32:50. > :32:53.position, we will begin to prepare the legislation that will be

:32:54. > :32:55.required to enable a new independence referendum to take

:32:56. > :33:00.place if and when Parliament so decides. The political ramifications

:33:01. > :33:09.have extended to the Labour Party as well. Two of its MPs have submitted

:33:10. > :33:15.a motion of no-confidence in its leader, Jeremy Corbyn. They have

:33:16. > :33:18.written to the chairman of the Parliamentary Labour Party. Their

:33:19. > :33:22.motion has no formal force, but it calls for a discussion at the next

:33:23. > :33:26.meeting of the Parliamentary Labour Party on Monday. If accepted, it

:33:27. > :33:32.would be followed by a secret ballot of Labour MPs next Tuesday. In the

:33:33. > :33:36.past hour, the US presidential hopeful Donald Trump has given his

:33:37. > :33:40.reaction. Speaking at the opening of his Turnberry golf resort in

:33:41. > :33:46.Ayrshire, he said the US and Britain will continue to be close allies. I

:33:47. > :33:50.don't know, there will be a very powerful call, it will be a great

:33:51. > :33:55.relationship, they will be great allies, they always have been. I

:33:56. > :33:59.think 0 will change on that score. There has never been a better ally,

:34:00. > :34:02.and I think nothing will change. European leaders have called for is

:34:03. > :34:06.to belittle in the coming months. Donald Tusk said the other 27

:34:07. > :34:11.countries in the EU were determined to remain united. The German Foreign

:34:12. > :34:21.Minister called it a sad day for Europe and Britain. So, what does

:34:22. > :34:28.happen next? An Matic correspondent James Landale explores the options.

:34:29. > :34:32.For weeks they have been at it. In the streets and studios up and down

:34:33. > :34:35.the line. But now the hurly-burly of the campaign is over, and we have

:34:36. > :34:41.voted for Brexit. So what happens now? In practical terms, nothing.

:34:42. > :34:45.Britain is still a member of the European Union. David Cameron will

:34:46. > :34:49.still have to attend EU summits and we will still have to follow EU

:34:50. > :34:53.rules. But there will be lots to discuss. Under the rules set out in

:34:54. > :34:57.the Lisbon Treaty, Britain will have at least a couple of years to

:34:58. > :35:02.negotiate briefings. The terms of our withdrawal, such as the rights

:35:03. > :35:08.of EU citizens in the UK, and half used EU budgets. And then our future

:35:09. > :35:14.trade relationship with the EU, in particular, whether the UK remains

:35:15. > :35:18.in the single market. A procedure fully being leaving the European

:35:19. > :35:22.Union is quite a long one. It is laid down in article 50 of the

:35:23. > :35:27.Lisbon Treaty of 2008, and provides for a period of up to two years in

:35:28. > :35:31.which there will be a period of negotiation between Britain and the

:35:32. > :35:35.other 27 on how we leave. Those negotiations will not necessarily be

:35:36. > :35:40.on Britain's future relationship with the European Union. That would

:35:41. > :35:43.require a trade agreement. This is a withdrawal agreement. It will deal

:35:44. > :35:47.with technical matters. Even once a deal is done, it would still have to

:35:48. > :35:53.win the approval of largely pro-EU MPs and peers, in a process which

:35:54. > :35:56.some fear could last year's. And then there will be even more trade

:35:57. > :36:02.deals to hammer out with non-EU countries. There is a very long

:36:03. > :36:05.process ahead. And lots of things which have not been issues in

:36:06. > :36:10.British politics will become issues again, because those powers have

:36:11. > :36:13.returned from Brussels. We have not really had discussions about trade

:36:14. > :36:18.deals in British politics. Is it in the interests of farmers for this to

:36:19. > :36:23.go ahead...? In the meantime, EU leaders will gather in Brussels to

:36:24. > :36:27.discuss how they deal with Britain leaving, and the price they demand

:36:28. > :36:30.in return. Will they want a quick divorce to minimise disruption or a

:36:31. > :36:34.long and painful separation to deter others from going the same way? The

:36:35. > :36:38.key point is that this vote for Brexit is just the start of a

:36:39. > :36:41.process. The people have voted to leave, it is now up to the

:36:42. > :36:45.politicians to work out what that means in practice. It will take time

:36:46. > :36:49.and many hard battles for the decisions they make will affect us

:36:50. > :36:58.all. We can go back to Andrew Neil now, with reaction live at

:36:59. > :37:01.Westminster. And here we are on the BBC platform, in the heart of the

:37:02. > :37:04.media village, surrounded by the world's media. Across the road from

:37:05. > :37:09.the Houses of Parliament. Crowds out on the streets come cameras

:37:10. > :37:15.everywhere. Curious bystanders. We even had a little demonstration. We

:37:16. > :37:19.have for you Carolyn Fairbairn, the head of the CBI, who campaigned

:37:20. > :37:24.strongly to remain, and John Redwood, Conservative MP, who

:37:25. > :37:29.campaigned just as strongly, to leave. British business, suddenly

:37:30. > :37:33.your members, were by and large for Remain. That is not going happen.

:37:34. > :37:36.What does British business have to do now? This is a momentous day for

:37:37. > :37:41.the country, but also for British business. As you say, this is not

:37:42. > :37:45.the outcome that they. But they respect the decision and they are

:37:46. > :37:49.standing ready to do what they can to make it work full stop British

:37:50. > :37:52.business is resilient. It understands change, it can adapt.

:37:53. > :37:57.What they want is as much certainty as is possible. And I think some of

:37:58. > :38:01.the things we see this morning in terms of the Bank of England and the

:38:02. > :38:07.Prime Minister's announcement of a timetable have really helped. But

:38:08. > :38:10.they now want to see action on uncertainty, and they want to see

:38:11. > :38:13.real engagement on putting together a negotiating agenda which will work

:38:14. > :38:17.for British business. Do you think it is still possible to have largely

:38:18. > :38:23.the access to the single market that we have at the moment, but not to be

:38:24. > :38:29.in the EU? I think that is what we have to get. It's challenging, we

:38:30. > :38:33.know that. There isn't a model which delivers that, without free movement

:38:34. > :38:37.of labour. And I think that is the conversation that we now need to

:38:38. > :38:43.have. Again, business, on a sector by sector and region by region

:38:44. > :38:47.level, is ready to engage with that and set out its priorities. Access

:38:48. > :38:49.to the single market is absolutely the top of those. John Redwood,

:38:50. > :38:52.given the importance that immigration seems to have played in

:38:53. > :38:57.this referendum, particularly with Labour voters in the Midlands and in

:38:58. > :38:59.the north, it would surely be inconceivable that in the

:39:00. > :39:05.negotiations, the British Government would agree to free movement being

:39:06. > :39:11.the price of continued access to the single market. So we won't get

:39:12. > :39:17.continued full access to the single market... Well, who knows? You are

:39:18. > :39:20.certainly right that the sacred flame of the public will include is

:39:21. > :39:23.as having our own immigration controls and reducing the numbers

:39:24. > :39:28.coming into low-paid jobs from the continent of Europe. That is not

:39:29. > :39:31.negotiable, and not paying contributions is very central,

:39:32. > :39:34.because we wish to spend that money on our own jobs and our own

:39:35. > :39:39.priorities. Apart from that we are pretty fixable. I agree with the

:39:40. > :39:43.CBI, that none of us wishes to damage business. We wish to maintain

:39:44. > :39:47.as much access as possible. I think it should be possible to have more

:39:48. > :39:50.access than America or Japan has to the single market. But of course

:39:51. > :39:54.they have a lot of access anyway, from outside. But we start from the

:39:55. > :39:58.position where we have the full European style access. Unless

:39:59. > :40:04.somebody wants to change it, why can't it just continue? Carolyn

:40:05. > :40:11.Fairbairn said that business needs certainty. If you're not going to

:40:12. > :40:15.trigger our XXX process for quite some time, certainly not before the

:40:16. > :40:19.autumn, I have heard talk that it may not even be until next year, and

:40:20. > :40:25.then you have a two-year negotiation process, uncertainty is the one

:40:26. > :40:30.thing you will be delivering? You can never get rid of uncertainty

:40:31. > :40:34.when change is being managed. Big businesses have uncertainty every

:40:35. > :40:38.day. There's going to be a very important Spanish election in a few

:40:39. > :40:41.days. That creates uncertainty on the European continent. But what we

:40:42. > :40:46.want to do, and we have done a lot of homework on this, is, we wish to

:40:47. > :40:49.achieve the main changes we want I fairly early legislative change in

:40:50. > :40:53.the United Kingdom. But a lot of us do not think there is any need to

:40:54. > :40:59.trigger article 50 any time at all. Any time? No. We would secure our

:41:00. > :41:02.own objectives in our United Kingdom way, and they would be quite modest

:41:03. > :41:06.from the single market point of view, and sit down any time to

:41:07. > :41:10.discuss with our former European partners, but at an agenda of mutual

:41:11. > :41:17.choice. I wonder what the reaction of the EU would be to that! I think

:41:18. > :41:21.business really needs to understand, we have welcome to this idea of

:41:22. > :41:26.there being a period where we can get ready, we can get our ducks in a