Sterling down 8% against the dollar and 6% against the euro
Banks and housebuilders among biggest fallers on FTSE 100
Wall Street falls more than 3% after London closed 3.1% lower
European stock markets hammered
It's been a historic day with a record number of readers for the Business Live page - close to 1.1 million - logging on for reaction from the financial world to the UK's momentous decision to leave the European Union.
For those who want a little bit more coverage of the fallout from the referendum, you can catch it here on the politics live page. Thanks and good night!
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Two Carmarthenshire firms have different reactions on what the Brexit vote will mean to them.
Read MoreBit worried about the stability of the financial system? The Bank of England has some answers:
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Image source, ReutersGold has jumped 5% to $1,322 an ounce - its highest level in more than three years as investors sought safety on a tumultuous day for global markets.
Crude oil, on the other hand, fell $2.50 to $48.41 a barrel amid the uncertainty.
"Recessions cause low oil prices and the UK break with the EU raises concern of a recession in Europe," said James Williams of WTRG Economics.
The heads of all the US financial regulatory agencies will hold a conference call on Friday to discuss the Brexit vote, the Treasury Department said.
US Treasury Secretary Jack Lew will preside over the discussion of the Financial Stability Oversight Council, which was created in response to the 2007-09 financial crisis.
The council includes the heads of the Federal Reserve, Securities and Exchange Commission and the Commodity Futures Trading Commission.
Image source, Liberation
Image source, PAIs there a chance the UK could face a second EU referendum?
Boris Johnson was just one of the Vote Leave figures to raise that possibility at the start of the campaign.
And barrister Jolyon Maugham, external says there are two possible ways it could happen. The first is a general election won by an explicitly Remain party.
The other is that parliament could decide circumstances had changed sufficiently to put it to another vote. This is what happened in Ireland in 2009, he adds.
Image source, Getty ImagesWall Street wobbled further in the last hour of trading in New York, with the Dow Jones ending more than 600 points, or 3.4%, lower at 17,400 points - the biggest one-day fall in almost five years.
The S&P 500 fell 3.6% - the biggest daily slide in 10 months - while the Nasdaq slumped 4.1%. That was the tech-focused index's worst day since 2011.
Image source, Getty ImagesWorried (or pleased) that Brexit might mean lower house prices? Grainne Gilmore, UK residential analyst at Knight Frank, has some good (or bad) news for you:
Quote MessageIn the short-term, consumer confidence is likely to be knocked by the continued uncertainty, especially with regards to trade. This may weigh on activity in the housing market, especially those making discretionary purchases, which could result in a slip in transaction volumes, and prices. However, uncertainty could also result in a further dampening of homes coming onto the market, and this lack of supply will provide a floor under prices."
Former member of the Bank of England's Monetary Policy Committee, Andrew Sentance, tweets:
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Image source, APBBC business correspondent Joe Lynam tells a special edition of Business Live that UBS is predicting UK economic growth will swiftly fall to zero this year.
The Swiss bank forecasts that GDP will remain at zero for much of 2017, raising the strong likelihood of a recession, he says.
It won't take much - economic growth slowed to 0.4% in the first quarter of the year.
Image source, AFPMany supporters of the Stronger In campaign were horrified by the outcome over the vote
This is not just a split between Britain and the EU - it feels just as much like a split between one Britain and another.
This is not just a split between Britain and the EU, it feels just as much like a split between one Britain and another.
Read More
Image source, Getty ImagesMakers of Scotch whisky - who export more than 90% of their tipples - have called on the government to ensure their access to European markets is not threatened.
The nature of future trade arrangements with the EU single market and the wider world requires "urgent attention", says David Frost, chief executive of the Scotch Whisky Association.
Still, shares in drinks firm Diageo - which told staff before the vote that it would be "better for the UK, better for Diageo and better for the Scotch whisky industry that we remain in" - rose 2.5% on hopes that it will benefit from a weaker pound.
Image source, ReutersA quick update on how the US markets are digesting the UK's decision to leave the EU.
Shares on Wall Street have dropped a bit more since the falls at the opening bell. The Dow Jones industrial average is now down 3%, while the S&P 500 is off 3.2% and the tech-focused Nasdaq has fallen 4%.
Goldman Sachs is the biggest loser on the Dow, falling 7.1%, followed closely by JP Morgan with a 6.6% drop.
Zoe Thomas
US business reporter
Image source, ReutersPresident Obama has told an entrepreneurs conference in California that he spoke with David Cameron and was "confident that the UK is committed to an orderly transition out of the EU".
"We agreed that our economic and financial teams will remain in close contact as we stay focused on ensuring economic growth and financial stability," Mr Obama said at Stanford University.
“Yesterday's vote speaks to the ongoing changes and challenges that are raised by globalisation,” he added.
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Image source, Getty ImagesThe statement issued by easyJet, external chief executive Carolyn McCall this morning - "we remain confident in the strength of easyJet's business model and our ability to continue to deliver our successful strategy and our leading returns" - didn't stop its shares falling 16.5% in London today.
That was not as bad as the 22.5% slide in shares of British Airways owner IAG, which issued a profit warning following the EU vote - but was considerably worse than the mere 6.4% fall for Ryanair.
Foresight News has put together a handy list of the most significant events of the next three days:
Saturday
Sunday
Monday
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