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Summary

  1. Updates for Monday 27 June 2016
  2. Chancellor George Osborne says UK ready to face EU withdrawal from 'position of strength'
  3. UUP's Mike Nesbitt calls on first minister for clarity over NI's future after referendum result
  4. Shadow NI secretary Vernon Coaker among resignations as Labour Party descends into crisis

Live Reporting

All times stated are UK

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Good night

Thanks for your company on another day of political drama. Join us tomorrow for more on the latest developments.

Gibraltar in EU talks with Scotland

Gibraltar is in talks with Scotland about a plan to keep parts of the UK in the EU, BBC Newsnight has learned.  

Fabian Picardo
Jack Garland

Fabian Picardo, the territory's chief minister, said he was speaking to Scotland's First Minister Nicola Sturgeon about various options. Northern Ireland could also potentially be included in the talks.

SDLP leader's pledge over EU

Merkel rules out informal talks on Brexit

The German Chancellor, Angela Merkel, has said there can be no talks on Brexit before the UK formally begins the process of leaving the EU.  

Angela Merkel
Getty Images

 While accepting the UK needed time, she added it should not be a "long time".  

BBC Talkback podcast considers Brexit consent

Minister wants free movement of livestock across border

Conor Macauley

BBC News NI Agriculture and Environment Correspondent

The agriculture minister says she wants to see free movement of livestock and other agricultural goods across the Irish border as part of new trading arrangements with the EU.  

Cows
Thinkstock

Sturgeon says 'Project Farce' has started

Scotland's First Minister Nicola Sturgeon has accused Boris Johnson of being responsible for the start of "Project Farce" as the fallout continues from last week's Brexit vote.  

Boris Johnson and Nicola Sturgeon
BBC

She was responding to Mr Johnson stating that "Project Fear was over" - a reference to the supposed "scare tactics" used by the Remain side.  

Foster says Brexit offers 'new opportunities'

First Minister Arlene Foster says leaving the EU offers new opportunities and she criticises Remain supporters for "prophecies of doom".  

Arlene Foster
BBC

Mrs Foster campaigned for a Leave vote in last week's EU referendum. 

More on Brexit fallout on Evening Extra

Invest NI boss not fazed by Brexit

Prime Minister rules out border poll

David Cameron says he doesn't believe the rules set out in the Good Friday Agreement have been triggered to enable a border poll on the reunification of Ireland.

Customs at Newry in the 1980s
Pacemaker

Mr Cameron was responding to a question in the House of Commons from East Belfast MP Gavin Robinson. Sinn Féin had made the call for the border poll following the EU referendum result.

McGuinness calls for all-Ireland solution

Sterling drops to 31-year low against the dollar

UK financial markets remain volatile in the wake of the Brexit vote, with sterling plunging to a 31-year low against the dollar, and some share trading temporarily halted.  

Sterling
PA

Yields on 10-year government bonds sank below 1% for the first time.  

Government must 'bring country together' after Brexit

David Cameron says the government has a "fundamental responsibility to bring our country together" in the aftermath of the EU referendum.

David Cameron
BBC

Mr Cameron said negotiating an exit would be the civil service's most complex and important task for decades. Labour's Jeremy Corbyn warned his own party - and the Conservatives - against "internal factional manoeuvring".

Ministers to meet Taoiseach over Brexit

Meeting next Monday

Profile on new shadow NI secretary

BBC News NI Political Correspondent Stephen Walker looks at the new shadow Northern Ireland secretary Dave Anderson.

Dave Anderson
Gus Campbell

Mr Anderson replaces Vernon Coaker, who resigned in protest at Jeremy Corbyn's leadership.  

Compulsory water charges threat 'lifted by Brexit'

"Unnecessary surge" plea on Irish passport applications

Irish Foreign Affairs minister Charlie Flanagan says there has been a spike in interest in Irish passports since the UK voted to leave the EU, but warns an "unnecessary surge in applications" would place "significant pressure" on the system.

Charlie Flanagan
BBC

"The increased interest clearly points to a sense of concern among some UK passport holders that the rights they enjoy as EU citizens are about to abruptly end," he said. "I want to state clearly that this is not the case." 

PM says NI Executive will be involved in EU negotiations

David Cameron says the devolved administrations in Northern Ireland, Scotland and Wales will be fully involved in the negotiations which follow the UK's decision to leave the EU.  

David Cameron
BBC

Mr Cameron said all key decisions would have to await for the arrival of new prime minister but "a lot of work" can begin now.

Brexit debate resumes at Stormont

Northern Ireland Assembly members have returned to the debate on the United Kingdom's withdrawal from the European Union.   

Stormont
BBC

Foster says focus must be on safeguarding NI interests

DUP leader Arlene Foster has said the focus must be on preserving Northern Ireland's interests following the UK's vote to leave the European Union.

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View more on twitter

Irish stock exchange taking a hit

'Osborne juggling his own daggers'

Kamal Ahmed

Economics editor

From Project Blimey This Is Scary, welcome to Project Reassure - the fundamentals, George Osborne insisted, have not changed.

George Osborne
Reuters

The chancellor has been tasked with being the lead member of the continuity club, and that will mean him juggling his own daggers.

Voting changes things - O'Dowd

Brexit debate at Stormont to resume later

Date set for new Conservative leader

Norman Smith

Assistant political editor

'Managing expectations will be key'

Mark Easton

Home editor

Just as the Chancellor spent the morning trying to calm the City, so there will be a need to manage the expectations of the country.

A man carries a bag bearing a Union flag design and the slogan: Keep calm and carry on
Getty Images

Real politics will inevitably mean concession and compromise after a campaign in which both sides seemed at times to suggest it was a choice between Utopia and Armageddon.

DUP denies '£350m to NHS' claim

DUP MP Gregory Campbell says nobody knows how much the NHS will benefit as a result of the UK's withdrawal from the EU, in spite of his party supporting a claim that it would receive an extra £350m a week.

Gregory Campbell
Press Eye

DUP members erected posters in Northern Ireland bearing that claim, but Mr Campbell now tells the Stephen Nolan Show: "That's not what was said. In two-and-a-half years' time, we don't know what the budget will be."

'Unprecedented demand' for Irish passports

A post office in Armagh says it's had an unprecedented demand for applications for Irish passports since the result of the EU referendum was announced.

An Irish passport
Hemera

"We handed out approximately 400 forms [on Friday], which is unheard of here," owner Gavin Emerson adds."We have never handed out more forms in such a space of time ever before."

'UK suffers leadership gap in risky times'

Nick Robinson

Presenter, Radio 4 Today

WANTED. For a small island heading to an unknown destination in dangerous times: Leadership.

David Cameron
PA

The fallout from the biggest exercise in popular democracy has already been dramatic - claiming the scalp of a prime minister and, potentially, that of the opposition leader too.

It has, though, only just begun.

EU referendum petition hijacked by bots

An online petition calling for a second EU referendum has been hijacked by automated bots adding false signatures.

A screenshot of the petition calling for a second EU referendum
AFP/Getty Images

Thousands of names appeared to have come from people in Vatican City and Antarctica, and the House of Commons petitions committee says it's removed 77,000 signatures and is investigating.

Conservatives need uniting leader - Crabb

Work and Pensions Secretary Stephen Crabb says the Conservative Party needs a leader who can unite the UK.

Stephen Crabb
AFP/Getty Images

Mr Crabb, who has been touted as a leadership contender, says that whoever takes over as prime minister must be someone who can talk to Scotland's First Minister Nicola Sturgeon.

Brexit should not hit Irish budget - Kenny

Taoiseach Enda Kenny says the UK's decision to leave the EU should not have an impact on the Republic of Ireland's budget next year.

Enda Kenny
PA

Mr Kenny says the flow of trade and services from the Republic to the UK  should not be immediately impacted on, but adds that his government will take steps to protect economic stability.

Johnson pledges more EU co-operation

Boris Johnson says the UK will continue to "intensify" co-operation with the EU after the country's vote to leave.

Boris Johnson
Reuters

In his column in today's Daily Telegraph, the leading Leave campaigner said: "I cannot stress too much that Britain is part of Europe, and always will be."

Era of uncertainty will last years - Nesbitt

Northern Ireland is "in an era of uncertainty" that will last years, UUP leader Mike Nesbitt says during the assembly debate on the UK's vote to leave the EU.

Mike Nesbitt
BBC

"Why is there no contingency plan to deal with this calamity?" he asks.

How will Brexit affect your finances?

Brian Milligan

Personal finance reporter

What can we expect the UK's withdrawal from the EU to do to the money we have in our pockets?

A woman exchanges £20 notes at a bank
Reuters

Have a read here at how mortgages, house prices, wages, pensions and holidays could be affected by what lies ahead.

Three-hour slot for Brexit debate

Parliament Buildings at Stormont
BBC

Stormont's business committee has allocated up to three hours for the debate on the UK's vote to leave the EU.