While vote counting continues in the UK’s referendum on its membership of the European Union, UKIP leader Nigel Farage has declared a victory for Brexit. The pound meanwhile has been send tumbling to its lowest level since 1985. Farage seemed to concede defeat earlier in the night when a ‘Remain’ win looked likely.

He has now backtracked in a speech in the early hours of Friday morning, declaring Thursday’s referendum “a victory for ordinary people, a victory for decent people.” His comments come as the ‘Leave’ vote has a 52 percent to 48 percent advantage over the ‘Remain’ vote. READ MORE