British economy suffering as vote begins on new leader

The Bank of England say the financial effects of the United Kingdom's vote to leave the European Union are starting to be felt, with dramatic falls in the sterling and business confidence. It comes as the first round of voting has been held to decide who will replace outgoing prime minister David Cameron.

Theresa May leaves after a meeting with David Cameron (AAP) Source: Theresa May leaves after a meeting with David Cameron (AAP)