LONDON - Prime Minister David Cameron gambled big and lost by offering the U.K. a referendum on its relationship with Europe, a move that instantly changes his legacy and could cost him his job. The U.K. vote to leave the European Union marks a dramatic reversal of fortunes for Mr. Cameron, who in the past two years successfully fended off a bid for Scottish independence and unexpectedly won a general election that gave his Conservative Party its first majority in 23 years.
Wall Street Journal: David Cameron loses his big Brexit gamble in EU referendum
British Prime Minister David Cameron speaks to the press in front of 10 Downing street in central London on June 24, 2016. Britain has voted to break out of the European Union, striking a thunderous blow against the bloc and spreading panic through world markets on June 24 as sterling collapsed to a 31-year low.
