Weekend reads: The Brexit vote is over so what happens now?

Weekend reads: After the votes are counted, where to now for Britain?
Good morning,

Welcome to the weekend. Yesterday was a big day so if you've got a little more time on your hands this morning, why not grab a coffee and settle in with some of the ABC's best Brexit reads.

You can check out all our Brexit coverage here or scroll down to see the best bits below.


SHOCKED EU TELLS BRITAIN TO LEAVE QUICKLY

A stunned European Union has urged Britain to leave as "soon as possible" amid fears the Brexit vote could spark a chain reaction of similar referendums.

In a joint statement, EU chiefs told Britain to "give effect to this decision of the British people as soon as possible, however painful that process may be".

European leaders will hold a series of crisis talks in coming days.

Their biggest fear is contagion, with far-right leaders in France and the Netherlands immediately calling for their countries to hold their own votes on EU membership.

Donald Trump, the presumptive Republican US presidential nominee, also weighed in with his support while on a visit to Scotland, saying the vote for Brexit was a "fantastic thing", evoking a "real parallel" with his own campaign.




WHAT'S THE MOOD LIKE IN BRITAIN?

London bureau chief Lisa Millar writes that while rebellion rippled through the United Kingdom on referendum day, the morning after it was replaced with shock.

Opposite the Houses of Parliament a crowd of media and onlookers gathered.

Charles Lee was with teenage students all wearing Union Jack hats but not celebrating.

"I cannot believe so many people can be so stupid. There's huge uncertainty now. Who knows what the future holds?" he said.

A cyclist rode up to a group of "out" voters and started shouting.

"Shame, shame on all of you. Look what you've done," he said. His impromptu anger seemed to surprise even him.

Even those committed to a Brexit, like Karen Stupart, seemed shocked it had actually happened.

"I think we have to hold our nerve on this one and see how things pan out," she said.



THE UK'S ADVENTURE INTO THE UNKNOWN

Chief foreign correspondent Philip Williams writes that a matter of hours is all it takes for the world to change.

The chaotic markets, the plunging pound, the uncertainty of what it all means will do nothing to encourage stability in just about every economy, including Australia's.

David Cameron's gamble has come at a high price — his job.

When in 2013 he diffused the political pressure mounting from within his own Conservative Party and the United Kingdom Independence Party (UKIP) for a referendum, he would have felt secure in the knowledge the polls were a safe stay bet.

But after a relentless campaign by the Leave camp, led by his former drinking buddy Boris Johnson, aided by much of the conservative press, that long lead became a narrow deficit, and now, the reality of what Mr Cameron warned was a one-way ticket to who knows where.



PREMIER LEAGUE IN LIMBO OVER FOREIGN PLAYERS

There's confusion over what the EU exit will mean for foreign players, not only in football's lucrative English Premier League, but also in cricket and rugby union.

Sports lawyers say it is crucial that Britain successfully negotiates to remain part of Europe's single market, which enshrines freedom of movement.

Failure to do so could lead to an exodus of foreign talent and also restrictions on buying players.

Clubs could also lose the right to sign young players under the age of 18.

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