That’s a wrap from us today. Thanks for following our coverage on another eventful day as the world continues to reel from yesterday’s stunning Brexit vote.

The main news of the day is almost certainly the resignation of Lord Hill from his position as Britain’s most senior official in Brussels.

Since his appointment as Britain’s European Commissioner, he has been a defender of the UK’s financial industry.

He said he did not believe it is “right” that he continued in the role “as though nothing had happened.”

He added: “I came to Brussels as someone who had campaigned against Britain joining the euro and who was sceptical about Europe. I will leave it certain that, despite its frustrations, our membership was good for our place in the world and good for our economy.

“But what is done cannot be undone and now we have to get on with making our new relationship with Europe work as well as possible.”

Elsewhere, ECB Governing Council member Francois Villeroy de Galhau warned that London's financial centre is at risk of losing its prized "EU passport", which banks rely on to operate across Europe’s capital market.

"There is a precedent, it is the Norwegian model of European Economic Area, that would allow Britain to keep access to the single market but by committing to implement all EU rules," he said.

"It would be a bit paradoxical to leave the EU and apply all EU rules but that is one solution if Britain wants to keep access to the single market."

However, that was followed by Vote Leave chief executive Matthew Elliott saying there was “no reason why a sensible arrangement couldn’t be put in place for passporting to continue”.