Britain votes out of European Union

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Posted: June 24, 2016. 1:07 p.m. CST.

By Aaron Humes: More than 16 million Britons have voted in favor of leaving the European Union in a referendum held on Thursday. wp083709b7_06

While the vote is fairly close, a 52 percent majority, according to the BBC, voted against staying.

Most of the anti-EU vote came from outside London and in Wales, with Scotland and Northern Ireland voting in sizable majority to stay.

The value of the British pound plummeted to a three-decade low as financial markets absorbed the news, the New York Times reported.

The BBC says the country cannot leave immediately, with a two-year negotiation process expected.

Britons were thought to be tired of foreign control and swayed by promises of greater control over their own affairs.

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