Brexit.

Britain has voted to leave the EU. 

The immediate consequences of the 'Brexit' has already begun to show within the UK markets, exchange rates and political unrest.

David Cameron resigned after announcing the outcome of the referendum, after campaigning 'Remain' and promising reform. He gave a thoughtful speech explaining that he wouldn't be the "...right captain that steers our country to its next destination". Despite emphasising that "Brits aren't quitters". (Hmm.) Cameron announced he will continue to represent the UK over the next three months until a new PM is elected. 

Political reshuffling didn't stop there, with talks of Corbyn resigning after giving a "no-confidence vote", and "failing the leadership test" -critics from within Labour Party itself (Dame Margaret Hodge and MP Ann Coffey). Corbyn has since rebuffed these statements that he will not stand down to any leadership challenges within the Labour party. 

The UK Market fell across all sectors, FTSE 100 was down 8% when the Markets opened on the 24th June, since then they have begun to recover- by closing time in the UK Market was down only 3.2%, despite the secondary dip due to the US Markets opening that afternoon. 

Banking and Home-building stocks were hit hardest, while gold reserves jumped in value. 

The Pound Sterling fell to the lowest level seen in 30 years, a depreciation of 11.1%, however by the end of the US Market closing time the Pound Sterling was down only 8%.