The United States, which had made clear it wanted Britain to stay in the EU, also showed signs of unease. The move underlines how the City of London can expect to be frozen out of EU financial regulation, and possibly from Europe's capital markets, depending on the terms of Brexit. Cameron is expected to meet the other 27 EU leaders at a summit in Brussels on Tuesday. A senior official said Kerry would stress the importance of other EU members not following Britain to further weaken the bloc. But the vote to leave a bloc that Britain joined 43 years ago also pushed the UK Labour party into chaos over the weekend.

Source: Huffington Post June 27, 2016 02:26 UTC