Britain has voted to exit the European Union in a referendum, sending global financial markets in a state of turmoil.
The Brexit camp won with almost 52% of the votes, while the rival camp secured 48% of votes.
Majority of England outside London and Wales strongly supported Brexit, while London, Scotland and Northern Ireland backed staying in the EU.
The decision would make Britain the first country to leave the 28-nation bloc after 43 years.
However, the leave vote will not immediately pull Britain from the EU membership. The exit process is expected to take a minimum of two years.
Meanwhile, following the Brexit, the pound slumped more than 10% against the dollar, which is its lowest levels since 1985, Asian stocks tumbled and US Treasuries and gold surged.
The Brexit vote could significantly impact the future of jobs in the UK. Earlier this month, major US lenders including Citigroup and JPMorgan warned of moving operations from Britain and shedding banking jobs in the event of a Brexit.
In a statement, the Bank of England said that it would "take all necessary steps to meet its responsibilities for monetary and financial stability."