London's Mayor Sadiq Khan

London's Mayor Sadiq Khan has issued a statement following the UK's decision to leave the EU and told the British people, businesses and investors that "there is no need to panic".

"I believe that Britain is better off within the European Union, but the British people have clearly spoken today, and their democratic will must now be fulfilled," he said.

He added "I would like to praise David Cameron for the dignified way he has reacted to the message sent by the British people in his words at Downing Street today. I agree with the Prime Minister that Britain can survive and prosper outside the European Union."

He went on to say "I want to send a clear message to the British people and to businesses and investors around the world this morning - there is no need to panic."

Source ; MENA