United Kingdom exit from the European Union/Timelines

2016

June

• 23rd: voters in a UK-wide referendum opted to leave the EU.

• 24th:

counting completed and results officially announced;

UK Prime Minister David Cameron notified the nation of his intention to step down;

a significant downturn in global stock markets took place, in which Sterling significantly weakened;

Scottish First Minister Nicola Sturgeon said she would seek a second referendum on the nation leaving the UK.

• 25th:

the UK member of the European Commission, Lord Hill, resigned his seat;

Shadow Foreign Secretary Hilary Benn was sacked at midnight by the Leader of the Opposition, Jeremy Corbyn, for questioning his leadership of the Labour Party's 'remain' campaign after it emerged that many Labour-supporting areas had strongly-backed Brexit.

• 26th:

a series of senior Opposition figures resigned amid calls for Jeremy Corbyn to step down as Labour leader;

the Scottish First Minister suggested that the Scottish Parliament might block UK withdrawal;

a petition on the UK government website for a second referendum on EU membership reached over three million signatories;

The Liberal Democrats announced a new policy of re-entering the EU;

HSBC indicated that some staff would be moved from London to Paris if the UK left the EU's single market.

• 27th:

further falls on global stock markets, with trading in stocks of some UK banks briefly suspended;

finance minister George Osborne and the Prime Minister sought to calm fears through public statements;

the majority of senior figures in the Labour Opposition had resigned by the afternoon, and a confidence vote on Jeremy Corbyn's leadership was called for the following day.

• 28th:

Prime Minister Cameron met with EU leaders to discuss the Brexit vote.

Corbyn defeated by 172 votes to 40 in confidence vote among Labour MPs; refuses to resign.

• 29th:

Scottish First Minister Nicola Sturgeon held talks with senior EU figures on protecting Scotland's relationship with the EU, but no agreement was reached.

For the first time in its 41-year membership, the UK was excluded from a full meeting of EU state representatives, who discussed their positions on Brexit.

• 30th:

Boris Johnson, who had widely been expected to stand, ruled himself out of the Conservative leadership, having lost the support of his aide Michael Gove. Five candidates were nominated by deadline: Stephen Crabb, Liam Fox, Michael Gove, Andrea Leadsom and Theresa May.

Governor of the Bank of England, Mark Carney, warned of further weakness in the UK economy as a result of the referendum.

July

• By early July, stocks had regained much of their lost ground, but public opinion polls indicated that support for Brexit might be weakening.
• 4th:

Nigel Farage resigns as leader of the United Kingdom Independence Party.

• 5th:

1st leadership ballot of Conservative MPs: May 165, Leadsom 66, Gove 48, Crabb 34, Fox 16, abstention 1 (the Prime Minister chose to be neutral even in private); bottom candidate Fox eliminated by the rules; Crabb withdraws.

• 7th:

2nd ballot: May 199, Leadsom 84, Gove 46, abstention 1; Gove eliminated; final ballot to be held by all party members.