Op-ed: It has been a fast moving morning in the UK.
The majority of voters chose LEAVE the European Union setting off a rollercoaster of events.
UK PM David Cameron announced early Friday he is stepping down and the Tory Party will unveil a new party leader at their October conference.
Mark Carney made a public announcement aimed at steadying markets.
Overnight as soon as referendum results started to come in the value of sterling plummeted. It has recovered slightly following Mr Carney's statement.
EU chief Claude Juncker has also issued a statement Friday saying there will be no renegotiation with the UK and the deal Cameron secured earlier in the year no longer stands.
He managed to anger pre remain and pro leave voters with more divisive rhetoric.
Juncker of course along with other EU leading lights will be shoring up defences. That will include giving the UK a hard time; they will not want other European Union countries getting LEAVE ideas.
But the latest news which was expected by many people within the Labour Party is two senior party members have tabled a motion for a vote of no confidence in party leader Jeremy Corbyn.
The referendum was spearheaded by the Tories who received maximum mainstream media coverage throughout but Corbyn was always going to somehow be to blame.
Those with long knives and self-serving agendas were always going to strike at Corbyn once the EU referendum was done and dusted.
Those in the party often referred to as Bitterities, old new Labour followers, have backstabbed Corbyn from day one and have sunk to the depth of disloyalty time and time again.
Friday unpopular peer Peter Mandleson stuck the knife into Corbyn yet again. And two Tories Nicola Sturgeon and Tony Blair both said they felt sorry for David Cameron.
Alternatively Jeremy Corbyn did not comment on Cameron's resignation but vowed to carry on.
But they may have all underestimated the strength of support for Mr Corbyn from party members and activists.
If they manage to oust Jeremy Corbyn some will return to the Labour family and maybe even vote Labour but it may not balance out those who will turn their backs on the party.
With fewer activists and funds Labour will be in a state of heaven knows what.
Previously touted to replace Mr Corbyn are Dan Jarvis, Chuka Umunna and John McDonnell with people auch as John Mann and Tristam Hunt possibly in the mix.
But all of the current alternatives to Mr Corbyn are old new Labour and people have moved on.
Voters need a united Labour Party more than ever and they need a decent person like Jeremy Corbyn at the helm.
The Blair years are gone thankfully.
Anne Coffey and Margaret Hodge http://news.sky.com/story/1717003/corbyn-no-confidence-motion-in-labour-leader clueless