A petition calling for Sadiq Khan to declare London an independent state after the UK voted to quit the EU has been signed by more than 28,000 people. 

The petition's organiser , externalJames O'Malley, said the capital was "a world city" which should "remain at the heart of Europe". 

Image source, Reuters

Nearly 60% of people in the capital backed the Remain campaign, in stark contrast to most of the country. 

The LSE's director said the vote showed how "radically different" London is.

Joe Lynam
BBC Business

Sources within Morgan Stanley say it has already begun the process of moving about 2,000 of its London-based investment banking staff to Dublin or Frankfurt. And it has a taskforce in place.

The jobs which would be moved from the UK would be in euro clearing but also other investment banking functions and senior management.

The American investment bank needs to avail of the passporting system which allows banks to offer financial services in all countries in the EU without having to establish a permanent base in that member state.

The president of Morgan Stanley, Colm Kelleher, told Bloomberg two days ago that Brexit would be “the most consequential thing that we’ve ever seen since the war”.

Boris Johnson says the British people have "decided to take back control" of the UK by voting to quit the European Union.

He says the electorate "has searched in their hearts and answered as honestly as they can" on a poll the like of which we've never seen in this country - and they've decided to take back control.

He says there is no need for haste - nothing will change over the short term apart from work will begin on how to extracate this country from the "supernatural system".

He attempted to reassure Remain campaigners that Britain will continue to be a great European power and wouldn't be "any less European".

Image source, Stefan Rousseau/PA Wire

Boris Johnson says young people - who were more likely to have voted Remain - now have an assured future.

Arguing that the EU "was a noble idea of its time, but no longer right for this country", he says the UK can now find its voice again as "an extraordinary force for good".

The people have spoken up for democracy in Britain and in Europe, he adds.

A demonstration against racism and for migrant rights is being planned to take place later today.

The march, set to take place at 18:00 BST at Altab Ali Park in Whitechapel, east London.

A Facebook page, external has been set up to organise the demonstration, which says: "The EU referendum has unleashed a torrent of racism. 

"Migration has been attacked and scapegoated by both campaigns - with Leave stoking up bigotry against immigrants and Remain responding by capitulating and echoing that bigotry.

BBC London News

On BBC London at 13:30 BST live on BBC One, we look at the dangers now facing the City and how can it ensure it remains the finance capital of the world.

Why did Havering have the largest Brexit vote - with 70% of voters in favour of leaving?

We speak to European citizens living in London about how they feel now we're leaving the club.

And we speak to Tony Travers from the London School Economics for an analysis of what it means to London.

BBC Weather

Dry and sunny at first. Whilst cloud will build, leading to a risk of one or two showers later, mainly in the west, most places will stay dry.

Feeling warm again in the sunshine, but less humid than recently.

Maximum Temperature: 22C (72F)

Today Programme
BBC Radio 4

A stocky, unshaven man in a blue raincoat strode across the concourse of Liverpool Street station at 5am, complaining bitterly to his taller companion. "Jesus. Jesus. It's bad. I'm heavily levered on this," he said, frantically rubbing his jaw.

The trader was typical of the tens of thousands of City staff who turned up for work this morning with their professional world turned upside down.

Encouraged by yesterday's opinion polls, which suggested Britain would stay in the European Union, professional investors bid up the pound and British shares. 

The pound finished the night of the vote worth $1.50, and the FTSE 100, an index that tracks the health of the UK's biggest listed companies, up 1.2%.

They were wrong. Britain voted narrowly to leave, and while most City traders slept - only a tiny minority stayed at their desks to watch the results - the pound was falling like a stone.

Trading on Asian markets sent it down by nearly 10%, making it worth just $1.34. It was the biggest fall in the pound's history as a free-floating currency.

Labour MPs Margaret Hodge and Ann Coffey have today submitted a motion of no confidence in Leader of the Parliamentary Labour Party, Jeremy Corbyn. 

The letter calls for a discussion at the next meeting of the Parliamentary Labour Party (PLP) at 6pm on Monday, 27 June. 

This ballot has no formal constitutional force, but would be a significant expression of the lack of confidence of Labour MPs in their leader.

Sian Davies
BBC News Online

The UK has voted to leave the EU, with 51.9% of voters choosing to leave.

England rugby star Danny Cipriani has been convicted of drink-driving after getting behind the wheel having spent the night drinking cocktails and champagne.

Finnish national Cubeyda Jama, aged 19, has pleaded guilty to one count of preparation of acts of terrorism after being arrested at Stanstead airport in February.

Andy Murray will face fellow Briton Liam Broady in the first round of Wimbledon.

A petition calling for London to remain part of the EU has gained more than 3,500 signatures.

The petiton,, external created by Mehul Damani, says: "London has voted to remain part of the European Union by an overwhelming majority. 

"We generate 50% of the United Kingdom's tax revenue, external yet our voice has just been drowned out by a slim national majority of four percentage points in a vital decision that we don't agree with."

London, Scotland and Northern Ireland backed the UK to remain in the EU - while every other English region and Wales voted to leave.

Mark Easton
Home editor

The EU referendum has revealed an ancient, jagged fault line across the United Kingdom. It is a scar that has sliced through conventional politics and traditional social structures, and it is far from clear whether the kingdom can still call itself united.

The referendum was ostensibly about membership of the European Union. But voters took it to be asking a different question: what kind of country do you want Britain to be?

Image source, PA

Yesterday seemed to offer a fork in the road: one path (Remain) promised it would lead to a modern world of opportunity based on interdependence; the other (Leave) was advertised as a route to an independent land that would respect tradition and heritage.

It has been striking to me how in one place almost everybody expressed genuine bewilderment that anyone would consider anything but a vote to leave, and in another neighbourhood they are quite baffled as to why people wouldn't be desperate to remain.  

England rugby star Danny Cipriani has been convicted of drink-driving after getting behind the wheel having spent the night drinking cocktails and champagne.

The fly-half, 28, was so drunk his eyes were "glazed", he slurred his words and could not stand straight after he crashed his black Mercedes into a taxi in London at 5.15am on 1 June last year. 

Image source, PA

The Wasps player, then with Sale Sharks, was breathalysed after the crash in Imperial Road, Fulham, and found to have 67 micrograms of alcohol in 100ml of breath - twice the drink-drive limit. 

He was found guilty of drink-driving following a trial at Westminster Magistrates' Court. 

Finnish national Cubeyda Jama, aged 19, has pleaded guilty to one count of preparation of acts of terrorism after being arrested at Stanstead airport on 5 February 2016 on a plane travelling to Romania.

Mr Jama, of London Road, Thornton Heath, south London, has admitted making travel arrangements and assembling equipment with a view to travelling to Syria and/or Iraq in order to engage in acts of terrorism between 1 January and 6 February 2016.

Jama appeared by video link from Lewes prison wearing a white T-shirt and glasses.

Sentencing was adjourned.

Susana Mendonca
BBC Radio London Political Reporter

London is at odds with much of England following the EU Referendum.