>> britain needs a new captain. the words of the prime minister david cameron and -- as he nnounces his decision to resign as britons votote to lea the european union. and shock waves acrcross the globe on the back of that brexit news. stock markets went go ssh into a tailspin and at one point the pound sterling fell to its lowest level against the dollar since 1985. good evening. following on from a bitterly divided referendum cache the

people of britain have voted to leave the european union, the first people ever had -- to leave that bloc. 52% voted to leave. 48 to remain. that result initially caught many people by surprise and it sent the pound sterling plummeting. the president of the european council said the bloc will meet next week without britain to discuss the next steps. and it involves the unprecedented step of invoking article 50 of the e.u. governb -- governing treaty, something no one has done before. and shortly after the results were announced, prime minister david cameron stepped out to announce he will be leaving. a look back now at his undoing. >> it's not just britain that

will be leaving. soon, david cameron will be out as well. the prime minister said the brexit vote was likely the biggest-ever display of democracy in britain's history. it was also his undoing. after unsuccessfully standing up for the e.u. it was now clear he would have to step down. >> i think the country requires fresh leadership to take it in this direction. i will do everything i can as prime minister to steady the ship over the coming weeks and months, but i do not think it would be right for me to try to be the captain that steers or country to its next defendant inition. >> a destination he led up to after -- next destination. >> a destination he led up to after campaigning. >> if i come back leer after the next election i will have a mandate, and a mandate to deliver change to europe. >> then, in a tense e.u. summit

in february, the u.k. did change its relationship with the e.u., refusing further further immigrants and refusing payments. over the next 120 days, the bitter campaign divide not just his tories, but the entire united kingdom, ultimately bringing this day of reckoning. >> thank you very much. >> regardless of what else he achieved in his six years in office, david cameron will be remembered as the prime minister who took britain out. e.u. >> today's outcome has resulted in the resignation, as we saw there, of the cruyff prime minister david cameron. but m.p.'s of the opposition have also started a

no-confidence recall campaign for their leader arkscusing him of not campaigning hard enough. >> first, prime minister david cameron announced his resignation. now in the aftermath of the brexit vote, some within the opposition labour party wanted their leader, jeremy corbin, to step down. they argue he failed to northern oters in england, their heart hand, to remain in the e.u. >> in a leader you need somebody who can communicate a message and inspire confidence in that mental and he think he failed on both counts. therefore i don't think he should be leader of the party. >> the party's representatives in parliament are except -- expected to debate corbin's leader ship on monday. >> the points i made throughout

the campaign, the pointed the labour party made throughout the campaign were there are many people not particularly happy with the european union. the point i made was there are good things that had come in terms of working conditions and environmental protections but other issues had not been addressed, particularly economic inequality in britain. >> and he publicly indicated he voted no to member in the union in 1975, an admission that may land him out of a job. >> well, scotland's first minister wasted no time this thursday indicating that a second referendum on scottish independence is now highly likely. in thursday's referendum, all scottish regions gave their support for remaining inside the e. u.

>> a difference of between -- opinion that could shatter a country. a 42-year-old partnership broken in just one day after briltane's decision to exit the european. as the nation comes to town -- terms with the shocking vote, scotland is setting its sights on independence. >> the scottish parliament should have the right to hold another refer enumed. here is a material change in the situation since 2014, such as scotland being taken out of the e.u. against our will. a -- the option of a second referendum must be on the table and it is on the table. >> it's been nearly two years since scotland held its independence referendum in which over 55% of the nation chose to stay in the united kingdom, but it now finds

itself at odds with its neighbors, 60% of scots overwhelmingly voted to stay in the e.u. the outcome of the poll has had a mixed reaction. >> part of the argument was put the rd that with referendum debate, we would be stronger together, stronger with europe. that's not going to happen now. >> london may be left out in the cold. scotland's prospects of breaking away from the united kingdom may have once seemed improbably but -- impossible but in the coming years it could become a reality. >> ok. so that's the situation with scotland. that v vote to leave t the e.u. alalso reignited a fierce debat over northern ireland's future. >> for northern ireland, the only part of the u.k.. to share a land d border with another e.

country, the republic of ireland, 55% of people in the north voted to stay in the e.u. but brexit has prevailed. some in the northern irish assembly believe that's simply not fair, it's deputy first minister calling for a vote. >> i do believe that given the vote that's been taken by english voters, that we do have a right t to test opinion. >> with the exception of the democratic unionists, northern irish parties have been dreading a leave vote. when the good friday agreement was signed in 1998, trust between the largely protestant north and catholic south was at rock do. -- bottom. since then the north has received significant so-called peace money from the e.u. to support the peace process. but the current north-south cooperation has been hard won. >> you -- the last 10, 20

years, things that -- have been a lot more fluid between the north and south. it suits everyone here that we can easily migrate between the two jurisdictions. >> campaigning before the vote, tony blair warned that a brexit would prove disasterer rus, the free move -- for free movement between ireland and northern ireland. >> then the border of the republic become the border of the european union. if you then retain the common travel area, someone from any part of europe can come to the south and then come to the north. and there are no, obviously border checks within the u.k. >> the british government has promised that the border will remain open, but for many in northern ireland, the mere prospect of that enforced divide raises the specter of a painful past and some difficult questions about identity and sovereignty.

>> john gaffney is a professor of politics and joins us now from london. so much to ask you, professor. don't know really where to begin but let's start by looking back a bit. that -- this was a pretty bitter campaign. do you get the impression in the u.k. that perhaps there is now a -- any sense at all of regret now that the consequences are becoming very apparent and real? >> well, possibly not yet, but it will happen. i'm sure it will h happen. a lot of this vote was a kind of protest vote. often voted for by people who wanted, there was a kind of populist edge to it, anti-elitist, and decisions taken like that, people often rue the day. also, the question of immigration played a very, very unsaferry role in this

campaign, dividing people and possibly bringing out some of president worst in our magnificent nation. i say magnificent nation. god knows how long we might remain one, from your excellent report there. it's funny that this referendum was supposed to answer one simple question, and it has generated 100 questions. and most of them, i mean things have been happening very, very rapidly today with com -- cameron,corbin, and spurgeon and so on but funnyly, the irony is that nobody actually knows where we're going, financially, economically, politically, socialy. we really are entering a period of uncertainty that we probably haven't known since world war ii. this, kind of the british narative, our story is changing direction dram -- dramatically, and i don't think people really

realized or even realize yet now -- how this is going to impact on us all. >> i was just talking to someone earlier on, saying that google search "what is the european union" is one of the top search results, implying that people simply didn't make a very informed decision the >> that's certainly true, but it also underlies, while i was sitting in your green room, i saw that thing on the google and, but it also underlies a certain kind of elite disdain for the people who voted out. i think they may have been wrong, but it was a democratic vote and so won and a lot of them were very disaffected and the reason why is they had a particular idea of europe and a particular idea of how the elites see them. so this was a kind of a cry of anger or something like that,

but the, the real fundamental problem here is that if these people didn't know what europe was when they're now googling it, why didn't they in why have we spent the lastt 40 years, al the pro-europeans, not actually explaining and val idize -- validating what the union brings to us? the french have done it. the dutch have done it. we've done it. that is to say, we use the e.u. as a domestic political scapegoat instead of, so that when it comes to choosing the real sort of sentiment in the country takes -- there saint sentiment for europe as there should have been. the generation of the last 40 years should have been nurturing the european ideal it had at the very beginning. but what it did was pre -- re

-- we pretended we were all going to be euro skeptics and it's slapped us arund the face extremely hard now. >> and there are lots of different profiles of individuals who voted one way or the other. i wasn't suggesting that everyone who voted utwads -- was ill-informed. but just looking forward to what happens next, as you said, this has generated so many questions, not leastd of which is who is going to run britain? it was a great gamble -- gamble david cameron and to some extent boris johnson. in johnson's case it paid off. do you think that makes him the heir apparent? do you think anyone else realistically has the profile to take on that mantle?e? >> well, he certainly is the favorite. but we've seen strange things happen and he is very much disliked by the m.p.'s, his own

m.p.'s. he's the darling of the members. so there is a kind of a problem there. it's a similar floob corbin faces in the labour party. and there are other possible people who might bring, if conservatives feel that what they've got to do for the party as a process of healing perhaps they may turn to somebody else to try and heal the party. boris is a popular but divisive figure. so we will see. but yes, you're right, he certainly is the favorite at the moment. and another thing i would like to just quickly, briefly mention is that your excellent report demonstrates that what this is doing, the damage this causing to ireland, scotland, england relations and so on, it will also have dramatic political consequences upon the e.u. itself.

an awful lot be people, like merkel and hollande and others are putting on a brave face a bit, but some of the kind of populist feeling in some of these countries, particularly france, holland, sweden, and thers, in france -- france particularly it's much more virulent, its populism, than our own, and therefore you you could find the e.u. itself unraveling because of this and then you really are into uncharted territory. >> exactly. and we briefly touched on jeremy corbin. do you think he is likely to survive? because let's face it, even his staunchest supporters say that he simply wasn't automobile or visible -- audible or visible on the campaign trail? >> it will be interesting to see what happens. before this happened he wads even more popular amongst the

rank and file than he had been when he was elected. so there is an issue there. but he was elected not really because he was left-wing, but because he kind of nonted a former -- form of leadership image that the other candidates to the labour leadership didn't demonstrate. he's now been seen to be wanting, and your hesitation about whether this might now lead to dramatic consequences for the corbin leadership might be accurate. >> ok, we're going to leave it there. professor john gaffney from affleton university, thank you very much. >> thank you. >> the e.u. deleef, jean claude juncker, said he is very sad that britain decided to vote to leave. >> firstly, i'm very sad about this. the decision.

but of course we have to respect it. this is an unprecedented situation, but we are united in selves. we will stand strong and uphold of e.u.'s core principles promoting peace and the well-being of its peoples. >> meanwhile, the president of the european council, donald tusk, sought to reassure all remaining members of the e.u. that contingency plans had been made for this very scenario. >> we want to reassure everyone that we are prepared for this negative scenario. today on behalf of the 27 leaders, i can say that we are determined to keep our unity as 27. i would also like to reassure you that there will be no legal vacuum.

after the united kingdom formally leaves the european union, e.u. law will cannot -- continue to apply to and within the u.k., and by this i mean rights as well as obligations. >> the president of the european council, donald tusk, speaking there. we caught up with our correspondent in b brussels and started by asking her whether there were many brave faces being put on in the european capital? >> any -- a number of people in brussels say they will not sleep tonight. they're losing something that was very close to their hearts. no country from finland to greece really wanted to see the united kingdom exit the union. one croatian lady told me her country took 13 years to negotiate their incidentry and she was gutted and devastates to see the u.k. leave. i spoke to some students

visiting the european particle a. nd they're worried about their participation in the mobility programs, the ability to study and work in other e.u. countries. tusk said they were prepared for the negative scenario, as he put it, but he said next tuesday the countries will be meeting in europe and wednesday the 27 will be meeting on their own and the door will be locked and david cameron will not be allowed in that meeting the >> so the beginning of sort of president face of things to come, really, if you like, there. do you get the impression perhaps there's a bit of a postmortem going on in brussels and that perhaps brussels could have done for -- more to prevent this? and perhaps is there a feeling

that heads could roll in brussels? >> and people could step down. that's certainly been the talk of the town today. many were very critical of juncker's speech. they say he lacks the vision, charisma, inconspiracyation and know-how that -- inspiration and know-how that europe really eeds right noiment many feel he's linked as well to the establishment, the elites. he was also a -- the man in the room in a lot of those back-room deals done during the greek debt crisis. he's not known to be the most transparent man and he's very disliked in the united kingdom. we saw that when he was voted in back in 2014. that said, we have heard nothing about him thinking of resigning. he and his team will have to t down -- they use the #team

juncker when they're with him and traveling around -- thill they'll have to sit down and have a bit of a reflective period and how they have to start listening to european citizens. many people are not even quite sure what the e.u. is. we have seen the amounts of people in the united kingdom googling what the e.u. is. >> and for more perspective, sarah morris in madrid. let me start by asking you how this news has been digested there in the spaninish capital? >> well, it's an enormous shock. i don't think people expected this. it hasn't really been a focus of the spanish election campaign and tododay was the la day of that spanish campaign. ththe voters are going to be polled on sunday and thehe politicians have been forcrced spend 9 whole dayay talkingng a

brexit and the consequences, and above all w what will happe to up to one million britons who actually live in spain.n. they have the largest number in briritish utsiside the -- uk.k. and particularly they're concerned about hehealth care, people living on the fact and very reliant that t spain h h a free n national health service under the terms of the e.u. agreement and many are talking about how will they pay to this -- for that t health care? whatat will happen to theheir pensions if the value of the pound continues to fall? and gibralta, a small place where 9%9% of the peoplele vote remainin but now t the spanish foreign minister saying to

them, don't you think you should stay in the common market? don't you want to consider a co-coverinti with spain and the u.k.? >> yeah, indeed. is there sympathy there in spain for the decision taken by the british people? have there been rumblings in spain as well as there have been in other european countries to go down a similar road at some point in the future?? >> well, you have to rememember that here inin spain there are euro skeptic no partrties. there are voices fromom comommu parties w whether the austerity measurures have goneoo far, and they've been more sympathetic to most to o saying brexit i is symptom, not the problblem. but broadly, spanish politicians take theheiew that david cameron was very irresponsible in holding this

referendumum and that it's's op up a can much worms f for the u.u.k. andnd the rest of europe today they're holding parallels -- drawing parallels with the referendums in castile and catalonia, regions that w would like to break away from the rest of spavenlt today they've been sayining, for instance, th incumbent t prime minister and ththe associatist prime ministe are saying think hard because this is what referendums potentially do. on the other side we've seseen the leleader of the catalan government actual hi saying, the chief sending a message of sympathy to the scots and he said had the scots voted for independence in their refer -- rereferendum they wouldd b b findining themselves inin the e today and he said he would suportd future actioions. that seems to be an implicit udge that he would support

them on a referendum to break away from the u.k.. >> thank you for that update britain's decision to leave the e.u. send the pound sterling plunging to its lowest level in three decades this morning. the value of london's big banks also plummeted by the most bins -- since the 2008 financial chris. and that's triggered financial crisis in markets across the demronlte here's a summary. >> the london stock exchange buzzing with dreanl. -- adrenaline. traders glued to their screens, shouting frantic orders to buy and sell. >> the markets drastically misunderstood the risk of a leave vote and they've bet a lot of money and positions on the fact that we were going to stay in the eu and it hasn't

transpired. that's why we're seeing such draft changes today. >> in japan, the nikkei plunged. in europe the german daxx lost8d

06/24/16 06/24/16 [captioning made possible by democracy now!] amy: from pacifica, this iss democracy now! >> the british people have made a very clear decision to take a different path. and as such, i think the country requires fresh leadership to take it in this direction. i will do everything i can as prime minister to steady the ship over the coming weeks and months, but i do not think it would be right for me to try to be the captain that steers our country to its next destination.