London's stock market has plunged following the UK's referendum vote to leave the EU. The FTSE 100 index began the day by falling more than 8%, then regained some ground to stand nearly 5% lower. Banks were hard hit, with Barclays and RBS falling about 30%, although they later pared losses to below 20%. Earlier, the...
The value of the pound has fallen dramatically as it emerged that the UK had voted to leave the EU. At one stage, the currency hit $1.3305, a fall of more than 10% and a low not seen since 1985. The Bank of England said it was "monitoring developments closely" and would take "all necessary steps" to support...