India News

After the Britain voted to leave the European Union, David Cameron has resigned as the Prime Minister. Brexit’s surprise victory in Swansea, which was expected to vote to ‘Remain’, did little to dampen concerns despite Scotland supporting to stay in the Union. 

Other votes in Wales began to show a trend towards a surprise ‘Leave’ vote, particularly in the deprived communities. After the Leave campaign secured 52% of votes, Mr. David Cameron addressed the nation, going emotional in his speech.   

Sinn Fein and SNP are expected to make the statements later. Though London was with Remain, the turnout was lower than expected, because of the lack of support from the weather.

The FTSE 250 index, on the market meanwhile, has plunged a whopping 11.7pc. The index of so-called mid-cap companies had dropped an astonishing 2,017 points to 15,309 in the first few minutes of the trading.