Stand back. Take a breath … and watch. Today is a truly historic moment. Britain has left the EU

 

How did BREXIT happen?

The night started with a disappointing result for Remain, only taking 50.7 per cent of the vote in Newcastle — a place that has benefited from EU funding and was expected to vote Remain in huge numbers.

Within the early hours of the morning the picture across England became clearer. From Southampton to Middlesbrough, England had voted in huge numbers for Leave. In order for Remain to win, they needed to take cities like Sheffield and Durham. They failed. To counter this they needed a strong showing in Scotland and an even stronger vote in London. Scotland and Northern Ireland voted for Remain, whereas in London, the outer boroughs e.g., Barnet voted Leave. It was at this moment the result was declared, and at 4.40 a.m. the BBC announced a Leave victory.

What next for David Cameron?

The Prime Minister has embarrassingly lost and given an official statement of resignation by October. This was after huge pressure from within his own party to step down, with over 100 MPs urging him to step aside in order for a ‘Brexiter’ to take the UK through its divorce with the EU.

I think that the Conservative Party will not back a lost PM. The man at the front of this campaign has clearly misfired. In the coming months the PM will struggle and the question of his successor now looms pendulously — Boris of course being the favourite to take his place. Still, at this point it’s mainly speculation, very little fact.

Other questions:

After huge losses in Labour areas, will Labour have to change their policy on immigration in order to appease their core supporters? Or will they have to reform from within, prompting a resignation from Jeremy Corbyn?

There are now calls for a second Scottish Referendum. This however, won’t be at the forefront of politics for some time, at least not while the ram is in Westminster. I think we will have to see a rise in support for the movement in the polls before another vote is held.

What next for the UK?

When Article 50 is issued, the UK has two years to leave the union. It will be a complicated process that will be lengthy. The problem is that the people of the country expect it to happen quickly, after all they have voted to leave. The question is, will our politicians give in to pressure from the people and hurry the process?

What of the European Union?

Today is its biggest day and when its leaders make speeches later this morning, if they stick to their message of ‘out is out’ and ‘trade deals will not be secured’, if the EU maintains this line and shows it’s not open to reform and co-operation, expect calls from France, Denmark and Holland for referendums. Will  the EU survive all this? Wait and see.

Today is one of historic importance. Much of our future depends on the decisions of a few individuals and their carefully-written speeches. The country has democratically voted. A future of uncertainty, resembling the growing concerns in the markets is clearly ahead. The questions will continue to grow in size.

The British people have answered. Yet the answer only provokes further questions.