Cameron resigns in wake of Leave vote on EU referendum

UK prime minister David Cameron has announced his resignation in the wake of the historic referendum on the continued membership of the country in the EU.

Cameron made his announcement at around 8.30am on 24 June, following a vote that saw the country’s voters choose by 51.9% to 48.1% to leave the EU.

The announcement comes only a year after Cameron won a general election in the UK. He set himself a timetable of leaving by October, when the Conservative Party will have its annual party conference.

The decision comes as currency markets in first Asia then Europe went into turmoil, sending the pound to its lowest level in three decades against the dollar, and the FTSE opened sharply lower.

InvestmentEurope will publish running commentary through the day including reaction from asset managers, investors and others in light of the referendum outcome.

Jonathan Boyd
Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope. Jonathan has over two decades of media experience in Japan, Australia, Canada and the UK. Over the past 17 years he has been based in London writing about funds and investments. From editing the newsletter of the Swedish Chamber of Commerce in Japan in the 1990s he now focuses on Nordic markets for InvestmentEurope. Jonathan was awarded Editor of the Year at the Professional Publishers Association (PPA) Independent Publisher Awards 2017. Shortlisted for the same in 2016, he was also shortlisted in 2017 and 2015 for the broader PPA Awards category Editor of the Year (Business Media).

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