Anti-Brexit protesters march in London

03 Jul, 2016

Thousands marched through London on Saturday to protest against Britain''s vote to leave the EU, which has sparked political turmoil and polarised public opinion. Chanting "We love you EU," waving European flags and carrying colourful banners with slogans like "Breverse," they set off late morning to march towards the Houses of Parliament. "The Leave Campaign Lied", "Save our Future" and "Never Gonna Give EU up," read others, the latter referring to the 1980s hit by Rick Astley.
Organisers claimed more than 40,000 were taking part. Police did not immediately give figures. "I think the Leave campaign misled people, we are (making) a wrong decision because of the lies," protestor Casey, 37, told AFP at the start of the march. "I would like us to reconsider and I don''t want to leave the EU." The seismic June 23 vote prompted the resignation of Prime Minister David Cameron - who had backed the failed Remain campaign.
It also unleashed a bitter leadership battle in the ruling Conservative party and chaos in the main opposition Labour party, whose leader, Jeremy Corbyn, is now facing all-out revolt. "We can prevent Brexit by refusing to accept the referendum as the final say and take our finger off the self-destruct button," said organiser Keiran MacDermott on the march''s Facebook page.
"Let''s not leave the next generation adrift... Let''s march, let''s protest, and let''s stop Brexit." Britons, many worried by immigration, voted 52 percent in favour of withdrawing from the EU bloc with 48 percent against. The favourites to succeed Cameron have meanwhile been pushing for a delay in starting the process that will eventually see Britain leave the 28-member EU. Frontrunner Theresa May and high-profile rival Michael Gove have both said they do not expect Article 50 - the formal procedure for leaving the bloc - would be invoked this year.
EU leaders including French President Francois Hollande have urged a swift divorce, fearful of the impact of Britain''s uncertain future on economic growth and a potential domino effect in eurosceptic member states. Last week''s shock vote plunged financial markets into crisis, wiping trillions off equities around the world and sending the pound to its lowest point in more than three decades against the dollar. The Bank of England revealed it could slash interest rates this summer to counter the downbeat economic outlook - which it said had "deteriorated" because of Brexit - and potentially re-activate quantitative easing to pump more cash into the economy. In further fallout, finance minister George Osborne warned Friday that the government would abandon its promise to achieve a budget surplus by 2020, sparking forecasts of more austerity spending cutbacks and tax hikes.

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