Britain backs Brexit and says cheerio to the European Union
The British electorate has voted to end the United Kingdom’s 43-year membership of the European Union in an historic referendum that will have a long-lasting political and economic impact and has triggered fresh calls for Scottish independence.
LONDON — The British public turned out in their droves on Thursday to say arrivederci, au revoir and auf wiedersehen to the European Union in an historic referendum.
In a nailbiter ballot, 52 percent of the electorate voted to leave the 28-member … oh wait, we mean 27-member ... EU bloc against 48 percent who wanted to stay.
The loss is a huge blow to remain campaign backer Prime Minister David Cameron, who announced his resignation after the vote and will step down by October. Cameron’s demise is good news for his former BFF, ex-London mayor Boris Johnson, who is set to take up the mantle of leading the fractured British Conservative Party. There really is no room for friendship in politics, eh?
The GTFO campaign won primarily because its supporters want immigrants to GTFO of Britain. UK Independence Party leader Nigel Farage declared, well, independence, following the ballot victory.
The vote left financial markets in turmoil. The British Pound weakened as much as 11 per cent against the greenback. Maybe they should call it the Ounce now.
A weaker pound will make British property and other assets cheaper for foreign investors. So hey, if you’re ‘Murican, looks like it’s a perfect time to visit Buckingham Palace.
Scottish voters overwhelmingly backed staying in the EU by 62 percent to 38 percent, which leaves a huge question mark over whether Scotland will stay in the UK.
Scots voted narrowly to remain in the UK in 2014 but Scottish National Party leader Nicola Sturgeon said a second referendum on Scottish independence was now “highly likely”.
Well, at least we’ll get to watch that Braveheart sequel we’ve all been waiting for. FREEDOM!
Prime Minister David Cameron is heading for the exit door. REUTERS
UKIP leader Nigel Farage can’t hide his delight that Britain is quitting the EU. REUTERS
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