please empty your brain below
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Thank goodness there's a good turnout. A low or middling turnout could have started a whole new set of arguments.
GA Annie | 24.06.16 - 12:39 a.m. | #
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For such a fundamental decision, a UK company would require a special resolution, which needs a 2/3rds majority to effect a change...
Andrew-R | 24.06.16 - 12:54 a.m. | #
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Does HRH cast a deciding vote, if there's an exact tie? Or do they just keep re-counting ad-infinitum?
Milessio | 24.06.16 - 1:26 a.m. | #
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While 2/3 majority is necessary for such kind of change, Brexit supporters would probably feel unfair as this makes meeting the threshold incredibly hard. I'd rather say Britain had already done wrong when they held a referendum on whether to *join* EEC or not.
Patrickov | 24.06.16 - 2:27 a.m. | #
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It's Independence Day ! It's nothing of which to be afraid. We'll be in control of our own destiny again.
And the sky won't fall in, any more than it did when the calendar rolled over from 1999 to 2000.
Welcome to GREAT Britain.
Gerry | 24.06.16 - 4:01 a.m. | #
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Didn't you sleep at all dg? I hope you're off today!
Rob Healy | 24.06.16 - 5:17 a.m. | #
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This is a complete disaster.
M | 24.06.16 - 5:53 a.m. | #
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Hopeful at midninght, fearful at 2am when I went to bed, resigned to the disaster when I woke at 6am.
Expect petrol pump prices to shoot up today. And then the price of everything else. And huge amounts to be wiped off investments (including pensions). And then dozens of multinational businesses to declare their intention to leave the UK, and thousands of job losses. Independence day indeed. Repent at leisure.
Markets are falling around the world - we may have triggered another global crash. Well done little England,
Andrew | 24.06.16 - 6:15 a.m. | #
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@M: Exit or Remain, the future is upon you. That means, it's only a disaster if we make a disaster out of it.
Patrickov | 24.06.16 - 6:19 a.m. | #
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So a huge error of judgement by one old Etonian, who thought a referendum would patch up the split in his party, and the outsize ego of another, who thought it would be a wizard wheeze to campaign to Leave as part of his personal leadership ambitions, have plunged the country, and indeed Europe, into political and legal chaos and financial upheaval.
It's sad that this referendum became the focus for random anger felt by a large section of the population against the effects of poverty, austerity and inequality on their daily lives, and they just wanted to hit out at anyone they thought was responsible for their circumstances.
It's a shame they didn't target the real cause of their distress and anger and vote out the Tory government in 2015 rather than voting now to overturn 40 years of world history.
Maybe London, which voted overwhelmingly to Remain, can do the same as Scotland and go its own way - 'take control', in fact - rather than be dragged down by the rest of England.
ActonMan | 24.06.16 - 6:22 a.m. | #
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That satire looks pretty prophetic now.
John DLC | 24.06.16 - 6:27 a.m. | #
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A very sad and bad day which is the begining of the end of Great Britain.
John | 24.06.16 - 6:34 a.m. | #
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I'm so proud to be a citizen of the UK today!!!
Goodbye to the EU!!!!!
Nicks | 24.06.16 - 6:44 a.m. | #
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Nicks 0644 "....proud to be a citizen of the UK today...." While there is still a UK.
John | 24.06.16 - 6:50 a.m. | #
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Ok, so sterling is down 10 per cent (pricing in the impact on the UK economy), but pump prices won't jump quite that much, because oil is down 6 per cent (pricing in the impact on the economy in the rest of the world).
What are the odds on a second independence vote in Scotland before 2020, and on a reunification vote in Northern Ireland too? Possibly a general election before the end of the year?
Andrew | 24.06.16 - 7:02 a.m. | #
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Maybe a 2/3 majority would have been too much to ask, but what about a simple majority of those eligible to vote. It's not unreasonable to maintain that not voting is a vote for the status quo. A very depressing, worrying morning.
Sarah | Homepage | 24.06.16 - 7:06 a.m. | #
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Cameron blithely approved the Scotland referendum. Completely misjudged that and UK survived on a thin margin.
Then he sleep walks into this and loses. Prime Ministers are supposed to have vision. This man is such a lazy dullard. This just lifts the lid right off the Scotland issue again, and heaven knows what problems it'll cause across the island of Ireland.
Still..... I can't see Cameron being PM for much longer.
What a depressing morning.
IslandDweller | 24.06.16 - 7:15 a.m. | #
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Very depressing morning. And Farage is really getting annoying
AliE17 | 24.06.16 - 7:27 a.m. | #
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I have had a second home in Spain for a few years. Fearing the result of this referendum I put the property on the market a few weeks ago. I doubt if many Britsih will be buying property in France or Spain now. The end of a retirment dream for many.
I feel I can no longer visit European countries again as a citizen of a country that has said "we do not like you or want you" to our European neighbours.
I have been supporting the "Stronger In" group.
My longer term plans now the result is in are I to re-locate the Souhern Ireland where after 5 years I can apply for an Irish Passport. Then I will be a European citizen again.
Sad to see the UK destroying itself,
John | 24.06.16 - 7:33 a.m. | #
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KEEP CALM!...and carry on.
Grumpy Anon | 24.06.16 - 7:35 a.m. | #
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On May 9th 2015 (the last general election) I wrote this in DG comments:-
"The pollsters and the pundits spent all of yesterday in their search for reasons for Labour's defeat, but consistently avoided the obvious. Labour were not offering a referendum on the EU.
People did not need to vote UKIP to register their wish for a referendum, since it was on offer by the Conservatives. This was the 'Referendum by proxy' election."
The people's wish was granted.
They have spoken.
Long live democracy.
RayL | 24.06.16 - 7:39 a.m. | #
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We still have the "Commonwealth", don't we?
E | 24.06.16 - 7:47 a.m. | #
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Vae Victis!
NickF | 24.06.16 - 8:36 a.m. | #
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So, we are now going to have an unelected Prime Minister getting us away from an "unelected bunch of beuroctats" - because that makes sense.
M | 24.06.16 - 8:38 a.m. | #
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Keep calm and carry on? The poster intended to raise morale in the event of a cataclysm in the Second World War? Yes, this is a disaster, but life will go on.
The Commonwealth? Let's pretend we live in the 1950s and still have an empire?
FTSE opens down over 10 percent. I wonder, how much longer are we going to pretend we can afford aircraft carriers and nuclear armed submarines?
And a new PM shortly too... Interesting times.
Andrew | 24.06.16 - 8:38 a.m. | #
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On the bright side, this gives us an opportunity to be creative. Throw out _everything_ and replace it all with something new that's never happened before. It's an amazing chance to take place in the biggest social experiment ever.
The calendar, for instance. Now that we no longer need to use the same calendar as the rest of Europe, we can get rid of this ugly mish-mash of months of varying lengths, and seven-day weeks that don't neatly fit the year. We can replace it with something new and different. (e.g. Five seasons of 73 days, and/or 73 weeks of five days. Abolish months completely. Leap year days come at the between years, rather than inside them.)
The only worry is that the politicians won't be creative enough to think like that. Their whole careers have been based on, "Don't be creative in case it upsets the economy." But with the economy already damaged, there's nothing to lose...
solar penguin | 24.06.16 - 8:39 a.m. | #
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Rumours that Corbyn could be facing a leadership challenge too.
Andrew | 24.06.16 - 8:46 a.m. | #
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Democracy has spoken.
Seems a lot of commenters here are only in favour of democracy when it gives a result they agree with.
Messiah | 24.06.16 - 8:47 a.m. | #
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And the UK's triple-A credit rating being looked at negatively.
Possible interest rates might have to rise to support sterling?
Welcome to the recession.
Andrew | 24.06.16 - 8:47 a.m. | #
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This is a dark,dark day. I worry for the futures of my children and grandchildren. Be afraid, be very afraid! 😱
Jo W | 24.06.16 - 8:55 a.m. | #
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I'm really worried about bus stop M.
In fact I'm really worried this blog will not be focusing on East London Buses in the future.
Stressful times indeed...
'Steve' | 24.06.16 - 9:01 a.m. | #
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Another of your predictions is probably on the cards now...
Boris will take over from Cameron and as prime minister he will push for the Boris Island Airport.
Hmmmmmmmmm.
Doug | 24.06.16 - 9:02 a.m. | #
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We're doomed! Don't Panic, Don't Panic! Stupid boy.
Dad's Army | 24.06.16 - 9:02 a.m. | #
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> Seems a lot of commenters here are only in favour of democracy when it gives a result they agree with.
Not at all, I honestly support the decision this country has made and will be working hard to make it work, even if I didn't endorse it.
I don't have to like it though. And I don't have to pretend it was a clever. The United Kingdom of Great Britain and Northern Ireland may become just England and Wales in a few years time and I can't see how anyone can argue that's good.
| 24.06.16 - 9:16 a.m. | #
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Euwwwww!
Told you. Uh Oh!
It was the EU that enabled the re-establishment of Scotland's government and thus why Scotland is for 'remain'. England has never had a say in the EU regionalism agenda so 'Britain' has been butchered from 'outside'.
Squabbling withing the UK as to the continuance of EU favoured regions will not help any of us.
Clear the decks - there are some big fights coming.
B | 24.06.16 - 9:46 a.m. | #
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Pump prices for petrol are mainly tax, so a 10% fall in sterling = 2 or 3p on the price at most. It is daft thinking like this that causes problems. Suggestion to all: read up on Professor Samuelson's economics Law of Comparative Advantage and then ask one question 'Will the European leaders scupper their own economies to be spiteful to us?' Of course not, because they want to be re-elected more than bashing us. What we need to do now is be reassuring to all that we will take no hasty (and therefore often wrong) decisions.
Keep calm and carry on | 24.06.16 - 9:51 a.m. | #
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They think it's all over! It is now!
Wonder if we'll get to play in Euro 2020?
Football Fan | 24.06.16 - 9:56 a.m. | #
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Leave & Cameron out...some may say that 2 for the price of one?!
Boris Johnson | 24.06.16 - 9:59 a.m. | #
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Among all these comments, I do not see any criticism of the EU. We are/were members for twenty years plus, and still could not get it to function as it should.
Perhaps now the EU will look at its own failings and take some steps to put itself in order. Who knows, if it made changes as we had wished (if only to keep some of its other members on side) we might be able to fudge our 'leave' vote into some less drastic arrangement.
Temp | 24.06.16 - 10:00 a.m. | #
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The "EU" that we joined in the 70s is not the same EU that we left today. If they had asked the question "Do you think the UK should stay in the European Community (Common Market)?" today, I expect we would have had a similar result to 1975.
Uncle Audrey | 24.06.16 - 10:11 a.m. | #
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IMO we will only know if the gamble paid off, in about ten years.
One thing that is certain the EU is going to have to change like it or not.
Michael | 24.06.16 - 10:32 a.m. | #
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DG wrote Brexit timeline 48hrs early. Crystal ball, or should he be our Leader? He could know what anybody will negotiate accurately in advance, therefore guaranteeing us the best terms.
However getting stop M right permanently might be a step (or Stop) too far.
scrumpy | 24.06.16 - 10:39 a.m. | #
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Well said ActonMan - totally agree.
A | 24.06.16 - 10:40 a.m. | #
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"08:20 David Cameron announces he'll be replaced (by heaven knows who) in the Autumn."
It take it heaven knows Boris then, unfortunately
Tube Geek | 24.06.16 - 12:23 p.m. | #
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So can we now have our hop-on/hop-off buses or not?
OnTheBus | 24.06.16 - 12:26 p.m. | #
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The people at Glastonbury are going to wish that mud is their only problem!
Nick | 24.06.16 - 1:22 p.m. | #
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At least the Referendum has proved one point, that Polly Toynbee of The Guardian is a complete idiot. Saw her on BBC1 discussing future Tory leaders = PM by October. She praised Anna Soubry, as a possible candidate, this after yet another typical Soubry performance: gobby, shrieking, interrupting, sighing, face-pulling etc etc. Andrew Neil merely told her off for heckling! Please spare us any more political punditry.
| 24.06.16 - 2:08 p.m. | #
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Back to the timeline, Morgan Stanley are not waiting until the autumn - they are activating plans now to move hundreds of jobs from London to other places in the EU.
Andrew | 24.06.16 - 2:25 p.m. | #
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@Andrew: This is bullying! No matter whether this result is what you guys want or not, these gluttonous bullying global firms must be punished!
Patrickov | 24.06.16 - 2:54 p.m. | #
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^ Let them move...they probably had plans to move anyhow; just waiting to use some event as an excuse. Seen it before...
E | 24.06.16 - 4:19 p.m. | #
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What I meant was that this is all a conspiracy to make whoever don't go their way to submit. These bullies have to be taught the hard way that they can't coerce others like this.
Patrickov | 24.06.16 - 4:37 p.m. | #
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+1 with Messiah :)
RogerW | 24.06.16 - 4:46 p.m. | #
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My kids are devastated. Those who were old enough to vote did, (the 16 y/o was desperate to) but they see it as yet another betrayal for their generation, in particular their peers who didn't bother to vote.
If it means more youth will start to engage in politics and fight not to be shafted at every turn, then that could turn this whole sorry mess into something positive.
Another positive - does this mean no more Eurovision Song Contest?
Cornish Cockney | 24.06.16 - 4:56 p.m. | #
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@Cornish Cockney
Sadly no. Eurovision, which is actually older than the EEC, is not limited to EU members but includes outsiders like Norway and Israel. The limits are defined by lines of latitude and longitude.
Timbo | 24.06.16 - 5:31 p.m. | #
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At least Eurovision can be ignored by those who do not like it.
Even if Patrikov is right that Morgan Stanley's behaviour is "bullying", there is no opportunity to punish it. But it seems to me that it is just simple acknowledgment of an established fact. Any person or company wanting to be "in Europe" is going to have to discount Britain. We are all going to have to live with the consequences of this. But the money men will ensure that they do not lose out, as always.
Malcolm | 24.06.16 - 7:19 p.m. | #
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I glimmer of hope, the Government petition site has a Petition calling for another referendum.
The site keeps crashing, due to demand, but in 2 hours it was already over 100,00 signatures.
It will now be discussed by government committee on Tuesday.
You can sign the petition here on the link below.
https://petition.parliament.uk/petitions/131215
John | 24.06.16 - 7:58 p.m. | #
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Isn't that an EU tactic, John, to keep running referendums until the 'right' answer comes out ? Ireland, The Netherlands and France have seen it all before....
Paul | 24.06.16 - 8:14 p.m. | #
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@John
The petition is futile rubbish. Any move against the will of the electorate is akin to anarchy. It is as near to April 1st that can be got.
Agent Z | 24.06.16 - 9:16 p.m. | #
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@John
I'm in despair at the result, but that petition is utter nonsense. You can't re-write the rules after the event.
And the wording of the petition itself is as if it was written by a semi-literate intern.
Jonathan | 24.06.16 - 9:41 p.m. | #
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you didn't mention there will be a general election too before the end of the year - predicted by an economist on the BBC news channel this evening.
SJM | 24.06.16 - 11:58 p.m. | #
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Although an election before the end of the year is quite possible, I wouldn't put all that much weight on the predictions of either the BBC nor of an economist. Let alone the combination.
Oh dear, this result has raised my cynicism level so it's off the scale. Sorry.
Malcolm | 25.06.16 - 1:51 a.m. | #
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