‘Leave as soon as possible’: European Union to Britain after Brexit vote

“There might be a U.K.-U.S. trade agreement, but it’s not going to happen anytime soon”, Obama said in April, referring to a possible Brexit, adding that the United Kingdom would be pushed to the “back of the queue” on trade.

French Foreign Minister Jean-Marc Ayrault said “there is a certain urgency … so that we don’t have a period of uncertainty, with financial consequences, political consequences”.

The flurry of diplomacy was laying the groundwork for a previously planned European Union leaders summit Tuesday, where talks on how to handle what could be a painful, messy process of a Britain exit are set to start. A majority of Scots backed staying in the union, but a majority in much-larger England voted to quit. Diplomats from the six founding members of the EU – France, Netherlands, Italy, Belgium and Luxembourg, are now holding a meeting on the issue.

Some of the wrath over the Brexit vote is falling on Labour Party Leader Jeremy Corbyn, criticized by his party for a lackluster effort to stop the exit.

Seven major automakers-VW Group, Toyota, GM, Ford, Nissan, Honda, and BMW-have design, engineering, or manufacturing plants in the U.K. According to figures released by the U.K. automotive industry body, the Society of Motor Manufacturers and Traders, total production of British-made vehicles last year reached nearly 1.6 million units, a 10-year high and a 3.9 percent increase on 2014.

The victorious “leave” campaigners in Thursday’s referendum have said there is no rush to trigger Article 50 of the EU’s Lisbon treaty, which will begin a two-year exit process to renegotiate trade, business and political links between the United Kingdom and what will become a 27-nation bloc.

British Prime Minister David Cameron, who reduced himself to a caretaker role on Friday morning by announcing his pending resignation and kicking off a three month leadership battle, will be visiting the European Union in Brussels on Tuesday to brief leaders from around the continent on the Brexit situation over dinner. “It is not an amicable divorce, but it was also not an intimate love affair”.

“There must be clarity”, Asselborn told reporters. That is why we expect the British government to now deliver.

The result shocked investors, and stock markets plummeted around the world, with key indexes dropping by 10% in Germany and about 8% in Japan and Britain.

“Any delay would unnecessarily prolong uncertainty”.

Prof Curtice said: “How many people voted in favour of Leave?”

“No notification, no negotiation”, the person said.

“We don’t think there is a need to swiftly invoke Article 50”, Matthew Elliott told Reuters in an interview.

“It’s probably a good time to go to London and buy a few more things at the shops and eat a little better and stay at a better hotel”, he said.