Business organisation the CBI, which had lobbied hard for the UK to remain in the EU, called for “strong and calm leadership” from the Government to ensure economic stability as Brexit kicks in.
Director-general Carolyn Fairbairn described the vote as a “momentous turning point” in the country’s history. 
“The country has spoken and it’s for us all to listen,” she said.
“Many businesses will be concerned and need time to assess the implications. But they are used to dealing with challenge and change and we should be confident they will adapt.
“The urgent priority now is to reassure the markets. We need strong and calm leadership from the Government, working with the Bank of England, to shore up confidence and stability in the economy.
“The choices we make over the coming months will affect generations to come. This is not a time for rushed decisions.
“The CBI will be consulting its members and business is committed to working with Government to shape the best possible conditions for future prosperity.”
More follows shortly – this story is being updated throughout the day
