Thursday, June 23, 2016

David Cameron Loses His Big Brexit Gamble in EU Referendum

British prime minister is on the hook after calling referendum on EU membership, then losing it

LONDON—Prime Minister David Cameron gambled big and lost by offering the U.K. a referendum on its relationship with Europe, a move that instantly changes his legacy and could cost him his job.

U.K. broadcasters forecast that the country had voted to leave the European Union. That marks a dramatic reversal of fortunes for Mr. Cameron, who in the past two years successfully fended off a bid for Scottish independence and unexpectedly .... http://www.wsj.com