Brexit: France, Germany and Italy to discuss UK's EU exit

German Chancellor, Angela Merkel and French President Francois Hollande, say they are in "full agreement" on how to handle the fallout from the UK's decision to leave the European Union. 

The two are expected to hold talks later in Berlin amid a flurry of diplomatic activity in the wake of "Brexit". 

The pound fell further in early trading in Asia as markets reacted. UK Chancellor, George Osborne, will issue a statement before the start of trading in the UK in a bid to calm markets. 

Meanwhile, British Prime Minister, David Cameron, will hold a cabinet meeting today.  Boris Johnson, who led the Leave Campaign and is tipped to replace Mr Cameron, has said the UK will continue to "intensify" co-operation with the EU .  



SOURCE: BBC news