Several bidders for Tata Steel's British operations are close to abandoning talks with their Indian owner as the outcome of the EU referendum threatens to deepen the crisis enveloping the UK's biggest steel producer.
Australian shares fell sharply on Friday following the unexpected result of the EU referendum in the UK. Photograph: Don Arnold/Getty Images.
British people have woken up to the news that their country has voted to leave the European Union. Along with this, there has been turmoil in financial markets - the pound has hit a 30-year low and the FTSE dropped more than 8%.
Wall Street and the FTSE 100 both fell sharply in a wild day of trading after the UK voted for Brexit. The London blue-chip index fell 7% in early trading to just over 5,800 points but ended the day 3.15% lower at 6,138.
Taking flight? Currency exchange rates, flight prices and visa requirements are concerns for travellers following the Brexit decision.