Brexit Results: Britain Votes to Leave the EU in a Historic Referendum

Brexit Results: Britain Votes to Leave the EU in a Historic Referendum
Source: Getty Images
Source: Getty Images

The United Kingdom appears to be closing in on an unprecedented moment.

After a tight race, the "Leave" camp has won the landmark referendum. British voters have decided to withdraw the United Kingdom's membership from the European Union. The country will be the first to leave the 28-member group.

As of Friday morning, the Leave campaign edged out Remain 52% to 48%.

The "Leave" vote does not mean that Britain will immediately leave the European Union. It simply means that Parliament will take the voters decision into consideration. The decision is up to Prime Minister David Cameron, who could potentially ignore the voters completely — though he made earlier promises to respect the referendum results, no matter what direction they ultimately took. [Update: David Cameron has resigned.]

Prime Minister David Cameron, who supported the Remain campaign.
Source: 
GEOFF CADDICK/AP

What does this mean for the United States? It is difficult to tell so soon, but markets are already poised to take a big hit and many economists have said they fear the move could leave the U.K. permanently poorer, lead to job losses across Europe, and possibly even trigger a global economic slowdown.

This story is developing.

June 24, 2016, 10:10 a.m.: This story has been updated.

How much do you trust the information in this article?

Philip Lewis

Philip Lewis is a programming editor at Mic. He was previously an editorial fellow for 'The Huffington Post'. He can be reached at plewis@mic.com

MORE FROM

President Donald Trump turns Boy Scout Jamboree into campaign rally

The president discussed health care, Hillary Clinton, Obama, big yachts and more to 40,000 Boy Scouts and volunteers

This child kept HIV in remission for 8 years without drugs. Here’s what that really means.

More than eight years after his initial treatment, the child is still in remission.

Driver charged with human trafficking after 30-40 people found locked in fatally hot tractor-trailer

The charge against James Matthew Bradley, the alleged driver of the vehicle, could carry a punishment as severe as the death penalty.

Charlie Gard’s parents end legal fight to continue treatment for terminally ill son

The parents have withdrawn their request for Charlie to receive treatment in the U.S.

10th person dies after 38 found locked in sweltering tractor-trailer outside Texas Walmart

8 were found dead at the scene; 2 more died after being rushed to the hospital in critical or serious condition.

Dozens killed in deadly car bomb attack in Kabul

The Taliban has claimed responsibility for the deadly attack.

President Donald Trump turns Boy Scout Jamboree into campaign rally

The president discussed health care, Hillary Clinton, Obama, big yachts and more to 40,000 Boy Scouts and volunteers

This child kept HIV in remission for 8 years without drugs. Here’s what that really means.

More than eight years after his initial treatment, the child is still in remission.

Driver charged with human trafficking after 30-40 people found locked in fatally hot tractor-trailer

The charge against James Matthew Bradley, the alleged driver of the vehicle, could carry a punishment as severe as the death penalty.

Charlie Gard’s parents end legal fight to continue treatment for terminally ill son

The parents have withdrawn their request for Charlie to receive treatment in the U.S.

10th person dies after 38 found locked in sweltering tractor-trailer outside Texas Walmart

8 were found dead at the scene; 2 more died after being rushed to the hospital in critical or serious condition.

Dozens killed in deadly car bomb attack in Kabul

The Taliban has claimed responsibility for the deadly attack.