On paper, Britain's vote to exit the European Union will change little in the short term. But in reality, a lot is already changing.

Foreign Minister Murray McCully says there could well be advantages for New Zealand in Britain's shock vote to quit the European Union.

COMMENT: Last week was one of those times when you sensed how thin the membrane is between the functioning intact life and its total destruction.

United Kingdom's break-up looks increasingly likely as country comes to terms with shock results of EU vote.

Like millions of people around the world, Italian immigrant Alejandro Majnoler was trying to make sense of a British exit from the European Union.

More countries will follow Britain out of the EU unless there is significant reform, according to a string of nations both inside and outside the EU.

COMMENT: I am convinced markets have over-reacted to the Brexit vote. There should have been a negative reaction. Markets were not expecting this outcome.

Investors are bracing for more fall-out as trading resumes tomorrow after Britain's shock vote to leave the European Union sparked market chaos on Friday.

COMMENT: If this was a romcom, Britain would be the hunky guy, NZ the clingy ex-girlfriend and Brexit the nadir - when friends finally stage an intervention.

COMMENT: All those Facebook shares, Twitter hashtags and Snapchat videos couldn't save Britain's youth from being the big losers in the Brexit referendum.

After ten weeks of intense and often bitter rivalry between opposing camps, many reputations were made - and lost.

You've got to hand it to the Brits - they certainly know a thing or two about grim humour.

Kiwis are already cashing in on Brexit, with a currency exchange chain reporting record high numbers of people through their doors today.

What have we done? Brits frantically Google 'what is the EU?', hours after voting to leave it as Brexit remorse spreads.

Say hello to curvy bananas and crooked cucumbers - Leave voters are celebrating changing the course of history and breaking free from the EU laws and regulations.

David Cameron reportedly told members of his inner circle he would rather hand over control sooner than spend time negotiating Britain's tricky exit from the EU.

Eurosceptic parties across the continent are intensifying demands for their own referendums in the wake of the Brexit vote.

The result was clearly for "leave", but a huge majority of those under 25 wanted to stay in Europe.

The risk of another recession has escalated after Britain's decision to leave the EU plunged markets into freefall.

Britain must begin exit talks "as soon as possible", EU leaders said as they battle to prevent copy-cat referendums.

The City will no doubt survive as a financial capital but United Kingdom is unlikely to.

New Zealanders stand to gain from possible interest rate cuts and cheaper travel in Britain and Europe.

Britain's Prime Minister David Cameron resigned last night hours after the UK shocked the world by voting to leave the European Union.

David Cameron last night fell on his sword, announcing there will be a staged exit from Number 10 and a new prime minister by October.

Scotland's first minister Nicola Sturgeon said a second vote in just two years on whether Scotland should leave the United Kingdom in now "highly likely".

COMMENT: Despite the views of David Cameron, a majority of MPs, the UK business community, Britain's voters have defied them all to return a Leave vote.

David Cameron had supreme confidence in his leadership when he called the Brexit vote. He over-estimated, writes Audrey Young.

European stock markets dived when they opened tonight after Brexit vote.