The key landmarks on the road to Brexit — EU referendum result

The first task should be to bring order in the financial markets.

The British pound plunged to 31-year lows, stock markets around the world churned, and the governor of the Bank of England, Mark Carney, stepped forward to reassure markets and bankers that nothing will be changing immediately.

At a gathering of far-right leaders in Austria earlier this month, the leader of Austria’s Freedom Party said: “We are not against Europe as our opponents are always saying”. The U.K. has to now prove that it can survive with its unquestionable love for individualism.

Mr Cameron announced he would step down to make way for a new leader by October, adding that the new Prime Minister would be responsible for officially triggering Article 50 of the EU’s Lisbon Treaty to start Britain’s divorce from the bloc.

Under Article 50, the exiting member who had formally notified the EU of a wish to leave would not participate in discussions at the European Council or in decisions concerning the negotiation. But should the talks drag on toward the two-year time limit, all 27 would have to agree unanimously to extend the negotiations.

But it will take years for the implications to become clear.

These approaches can be made clutching examples from Vote Leave’s campaign of a positive attitude towards future funding, student and academic migration, and the opportunity to avoid European Union regulation when working with non-EU partners. The Conservatives are facing a leadership battle to replace Cameron, and some members of the opposition Labour Party also hope to oust their leader, Jeremy Corbyn, who they accuse of failing to promote the “remain” side strongly enough.

That prediction is now coming to pass. Labour mobilized its resources fairly late in the game, and voters in many Labour strongholds cast ballots in large numbers in favor of the Brexit.

Jamie Martin is an independent education consultant and was a special adviser to Michael Gove when he was secretary of state for education. It must endorse any final decision by the member states by a simple majority, but the session is only likely to focus on a political resolution taking note of the United Kingdom vote and stating the assembly’s position on what should happen next. Kenyans will want to know how travel, immigration, politics and protocol issues will be affected by the outcome.

Farage told cheering supporters that “this will be a victory for ordinary people, for decent people”.

“What the vote also shows is the gap between the central role that the E.U. plays in integrating European economies and other aspects of their political and civic lives and the popular understanding and commitment to the European project”, she said.

“They have the right to be in each other’s states by reason of the treaty on European Union”, said law professor Gavin Barrett at University College in Dublin, Ireland.

Turnout was high, at 72 percent – the highest in a national poll in more than two decades – despite torrential rainstorms on referendum day, reflecting the strong feelings that the debate evoked in a nation whose immigration rate has doubled in the past 16 years.