Nicola Sturgeon has confirmed a second Scottish referendum is on the table
- David Cameron has resigned
- Jeremy Corbyn has said he will not resign, following Leave win
- The UK has voted to leave the EU, with 52% of voters opting for Brexit
- Pound has plummeted as markets panic
Nicola Sturgeon said she was proud of how Scotland had voted, adding many Scottish people voted to remain with the UK in the Scottish independence referendum in order to stay in Europe.
Taking questions from the press, she added a second Scottish referendum was highly likely.
She also paid tribute to David Cameron, despite their political differences and the way the Leave campaign was run, which she said was based on fear.
Nicola Sturgeon has said a second Scottish referendum is on the table.
First minister of Scotland Nicola Sturgeon said the people of Scotland had voted to remain in the UK to guarantee their place in the EU - something that was no longer the case
As things stand, Scotland faces the prospect of being taken out of the EU against our will, she said.
The majority of people in Scotland voted in favour of Remain, and Sturgeon said she would discuss all options to stay in the EU.
She added the Leave vote showed a divergence between Scotland and the rest of the UK in terms of where they saw themselves in the world.
Camerons great referendum gamble has backfired disastrously, says IBTimes UK columnist Michael Toner.
Brexit: Camerons great referendum gamble has backfired disastrously
Michael Gove, speaking at Vote Leave HQ has called Brexit a process, stating it is important that people from both sides of the debate, and outside politics, are involved in shaping the future.
We can have democratic consent for an immigration policy that is fairer and more humane, he said.
We can take our place as a self-governing democracy alongside other great nations, he added.
Boris Johnson has called David Cameron one of the most extraordinary politicians of our age in a speech at Vote Leave HQ, paying tribute to the prime minister, who announced his resignation earlier today after news of Brexit broke.
He added: It was entirely right and inevitable to have a referendum, stating that was the only way to deal with such a big decision about the destiny of Britain.
Johnson added there is no need for haste stating nothing will change over the short term but that work would begin on moving forward with the Brexit decision.
To the Remain voters, Johnson said: We cannot turn our backs on Europe, we are part of Europe. Our children and our grandchildren will continue to have a wonderful future as Europeans.
He added: In my view, as a result of this Britain will continue to be a great European power.
The EU was a noble idea for its time, but is no longer right for this country he said.
Vote Leave chair Gisela Stuart said in a speech: We will be a good neighbour, we will be a good internationalist but we will have taken back control of our democratic institutions.
UKIP leader Nigel Farage has won in more ways than one today as he stands to collect his winnings from Ladbrokes, where he bet £1000 on a Leave win at the beginning of June.
He placed his bet in Ladbrokes Moorgate branch, taking odds of 5/2 - meaning he is due to collect £3,500 from his win.
Boris Johnson, Michael Gove and Vote Leave chair Gisela Stuart will be speaking at Vote Leave HQ in Westminster at 11am but have stated they wont be taking questions from the press.
European Parliament president Martin Schulz has spoken after the Brexit vote.
Green party leader Natalie Bennett said she hopes the Conservative leadership contest will not dominate politics at the expense of wider issues.
The outgoing leader, who will be stepping down this summer, wrote on Twitter: Right that Cameron should go. But important that coming weeks are not dominated by Tory leadership contest at expense of bigger questions.
Prior to Camerons resignation, she wrote: People have spoken and their alienation from politics as usual is clear. As are huge gulfs between communities. We need to acknowledge and rebuild (sic).
Weve rounded up some of the best Twitter reactions to the referendum
Brexit: The best Twitter reactions to the EU referendum result
Boris Johnson, the former Mayor of London and now the bookies favourite to replace David Cameron as Prime Minister in October, was booed outside his home as he caught a cab.
Johnson, a key Conservative figure in the Leave Campaign, is now expected to speak at 11:00.
Speaking on Sky News, former British Prime Minister Tony Blair has said he is very sad for Britain, Europe and the world.
He stressed the need to stabilise the situation in the country following the Brexit vote.
Donald Trump has arrived to open his Scottish golf resort Trump Turnberry.
He has said he thinks the Brexit vote is a fantastic thing after previously saying he backed the Leave Campaign.
The press are waiting outside Boris Johnsons home, where he is expected to make a speech shortly.
Boris Johnson is favourite to become the next Conservative leader following David Camerons resignation, according to William Hill.
The bookies also has Theresa May 7/2 second favourite, with Michael Gove 9/2, Andrea Leadson 12/1, Priti Patel and Stephen Crabb both 16/1; George Osborne, Philip Hammond and Sajid Javid all 20/1; Amber Rudd and Ruth Davidson both 25/1.
The result was profitable for our political punters said Hills spokesman Graham Sharpe, 69% of all the money we took was for Remain, but 69% of all the individual bets were for Leave.
The pound has plummeted following a Brexit vote that has provoked instability in the markets.
Bank of England governor Mark Carney has said there had been contingency planning put in place ahead of the Brexit vote.
Brexit: Bank of England wont hesitate to take additional measures after Brexit
Some market and economic volatility can be expected as this process unfolds, he said in a statement. But we are well prepared for this. The Treasury and the Bank of England have engaged in extensive contingency planning and the Chancellor and I have been in close contact, including through the night and this morning.
The Bank will not will not hesitate to take additional measures as required as markets adjust and the UK economy moves forward. These adjustments will be supported by a resilient UK financial system – one that the Bank of England has
consistently strengthened over the last seven years.
He added: A few months ago, the Bank judged that the risks around the referendum were the most significant,near-term domestic risks to financial stability.
To mitigate them, the Bank of England has put in place extensive contingency plans.
These begin with ensuring that the core of our financial system is well-capitalised, liquid and strong.
This resilience is backed up by the Bank of Englands liquidity facilities in sterling and foreign currencies. All these resources will support orderly market functioning in the face of any short-term volatility.
In announcing his resignation, David Cameron said he will continue in his post for the next few months, but said a new leader should be in place in time for the Conservative Party conference, which will be held in October.
Brexit: David Cameron to resign as UK prime minister after historic Leave vote
The EU referendum has been another bruising night for the big pollsters, many of which were predicting a narrow win for Remain. Leave won by 52% to 48%, the reverse of the final poll by YouGov, released at 10pm on voting day. Turnout was nearly 72%, or 30 million people, better than anticipated, reports IBTimes UKs Shane Croucher.
Brexit: Polling firms suffer another bad night as EU referendum defies expectations
There are rumours circulating in Westminster that at least one Labour MP intends to publicly call for Jeremy Corbyn to resign, following the Brexit vote.
Corbyn has also been criticised by Liberal Democrat leader Tim Fallon, who said: When the call went out to Jeremy Corbyn, he refused to answer.
David Cameron is trending on Twitter having announced his resignation following the results of the EU referendum, which saw Brexit take the vote with 52%.
Cameron has resigned as UK prime minister stating I held nothing back during the EU referendum vote and adding the vote was not about his future as a politician.
He did not give a timeline for his resignation, and will continue in his post for the next few months but said a new leader would be in place by October.
He added the new prime minister would take the decision as to when to trigger article 50 and set in place the steps to leave the EU.
Cameron has resigned as UK prime minister stating I held nothing back during the EU referendum vote and adding the vote was not about his future as a politician.
He did not give a timeline for his resignation, and will continue in his post for the next few months but said a new leader would be in place by October.
He added the new prime minister would take the decision as to when to trigger article 50 and set in place the steps to leave the EU.
Politicians around the world have reacted to the Brexit vote
Holidays to Europe may fall by up to 6 million, according to a poll by ComparetheMarket.com. The survey suggested 10% of people would be less likely to book a European getaway after the pound plummeted following the Brexit win.
Gemma Sonfield, Head of Travel at comparethemarket.com, said: Now that the British people have voted to leave, and the pound has depreciated, it appears that there is little appetite to book a last minute holiday to the continent.
Our research suggests that the number of UK holidays to Europe could fall significantly as a result of the outcome of the Referendum, with over one in ten (11%) UK adults saying that they would now be less likely to book a holiday to Europe. If this is the case, that may be more than six million people from the UK avoiding the beaches of the Mediterranean and possibly opting for a staycation instead.
Nigel Farage has dismissed claims that leaving the EU would result in £350m being funnelled into the NHS. The claim, which was made by the Leave campaign but not by Farage directly, was branded a mistake by the UKIP leader on Good Morning Britain.
When asked if he could guarantee the money would be spend on the NHS, Farage responded: No I cant, and I would never have made that claim. That was one of the mistakes that I think the Leave campaign made.
We have a £10 billion, £34 million a day feather bed, that is going to be free money that we can spend on the NHS, on schools, on whatever it is.
He added he had been ostracised by the Leave campaign and as a result had done my own thing.
Labour Party leader Jeremy Corbyn has said he will not resign following the decision of voters to back Brexit, Sky News reported.
President of the European Council, Donald Tusk, is making a live statement about the Brexit vote. Click here to watch.
As people in the UK wake up to a victory for the Leave campaign, Google has reported an increase in searches about the countrys future as well as a 500% increase in searches for buying gold as the pound plummets.
There has also been an increase in people Googling how to move to Gibraltar.
Sterling has fallen to decades-long lows against the US dollar as a Brexit grew likelier, having rallied initially as the last polls suggested a narrow lead for remain and kick-starting what is expected to be a highly volatile day on the financial markets.
French ministers are set to have an emergency meeting about the Brexit vote at 8am UK time chaired by Francois Hollande, PA reported.
Press have gathered in Downing Street, where David Cameron is expected to make a statement shortly after 8am this morning. Rumours abound he will be making a resignation speech, with UKIP leader Nigel Farage telling IBTimes UKs Ian Silvera after his victory speech that Cameron should resign immediately.
Welcome to the Brexit live blog, where well be following the reaction in Westminster and across the world after the historic EU referendum, in which 52% of people voted to leave the EU.
