Over 52 per cent of Britons voted on June 23 to leave the European Union.

British Prime Minister David Cameron, who had campaigned against the Brexit, announced his resignation on Friday following the 'Leave' vote even as he promised to try to "steady the ship" before he formally steps down in October.

Following the vote, the Pound sterling crashed to a 31-year low as the KSE-100 index fell 2 per cent on the back of volatility in international currency markets.

The UK now has two years to negotiate terms of exit from the bloc.

Opinion

Editorial

Sustainable path?
Updated 13 Jun, 2026

Sustainable path?

The FY27 budget is the first clear signal that the government is ready to transition from stabilisation to growth.
Prioritising education
13 Jun, 2026

Prioritising education

THOUGH the improvement in the country’s literacy rate may be slight, as highlighted by the Economic Survey, it ...
Poverty’s rise
13 Jun, 2026

Poverty’s rise

AS attention turns to the government’s plans for the coming fiscal year, one set of figures deserves particular...
A difficult story
Updated 12 Jun, 2026

A difficult story

Unless productivity becomes the dominant target of economic policy, Pakistan will continue to oscillate between crises and fragile recovery.
Rough waters
12 Jun, 2026

Rough waters

AMONGST the key potential triggers for fresh conflict in South Asia is water. The Indian state is behaving in an...
Politicised football
12 Jun, 2026

Politicised football

ALMOST three-and-half years since Lionel Messi led Argentina to FIFA World Cup glory, the latest edition of...