Brexit wins: Britain votes to exit the European Union

Reuters

A kiss goodbye. The votes are in, and Brexit wins. Britain has voted to leave the European Union.

The historic decision will change Britain's place in the world, “rattle the Continent and rock political establishments throughout the West,” reports the New York Times.

With 309 of 382 of the country’s cities and towns reporting early on Friday, the Leave campaign held a 52 percent to 48 percent lead. The BBC called the race for the Leave campaign shortly before 4:45 a.m., with 13.1 million votes having been counted in favor of leaving and 12.2 million in favor of remaining.

The value of the British pound plummeted as financial markets absorbed the news.

“Dare to dream that the dawn is breaking on an independent United Kingdom,” U.K. Independence Party leader Nigel Farage told cheering supporters just after 4 a.m. today London time.