UK votes to leave the European Union

UPDATE 4.10pm: All the votes have been tallied in the historic referendum in the UK, with the Leave campaign winning.

It took 51.9 per cent of the total vote to Remain’s 48.1 per cent.

The result places pressure on PM David Cameron who had been campaigning hard to remain in the European Union.


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World financial markets reacted badly, with $50 billion wiped off the Australian market.

The Australian dollar also took a hit.

UPDATE: Local media are reporting that the United Kingdom has voted to leave the European Union.

The votes have been close all day, however a surge in leave votes has outnumbered those to remain.

More than 45 million people were registered to vote in the referendum, which was called following concerns that people had not had a say since the last EU referendum in 1975.

The European Union is a political and economic union of 28 member states that are located primarily in Europe.

EARLIER: Votes are currently being counted to determine whether the United Kingdom will remain a member of the European Union or leave.

The result is expected to be announced on Friday morning with local media reporting that the outcome is too close to call.

More than 45 million people were registered to vote in the referendum, which was called following concerns that people had not had a say since the last EU referendum in 1975.

The European Union is a political and economic union of 28 member states that are located primarily in Europe.

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