Britain votes to leave the European Union after dramatic referendum, which saw 17.4 million (51.9%) votes were casted to leave the European Union (EU), compared with 16.1 million (48.1%) for remaining part of the bloc, with a turnout of 72.2%, according to the British Electoral Commission.
British PM Cameron has also resigned, announcing that he thinks Britain should have a new Prime Minister in place by the start of the Conservative conference in October.
In response, over a million people have signed an online petition calling for the Government to implement a rule that "if the Remain or Leave vote is less than 60% based on a turnout less than 75%, there should be another referendum". A huge petition calling for a new EU referendum has no chance of reversing the historic vote to leave, says Britain's foremost elections expert, Professor John Curtice.
The majority of UK's British-Indian community voted against a Brexit. Britain's vote to leave the European Union has its domino effect with renewed calls for Australia to become a republic, with many Aussies coining the term ‘Ausexit’. Time for Australia to #ausexit from Britain and Queen, says one of the social media post. The 'Brexit' a short term to refer the British exit from the EU. It is a word that owes something to the term 'Grexit', which has been used for several years to refer to the possibility that Greece might leave the euro zone.
The decision launches what will be years of negotiations over trade, business and political links with the EU, which will shrink to a 27-nation bloc. Analysts also feel that more “independence” for the UK, will make more difficult its access to EU markets would become, particularly in the regulation-intensive financial sector.