Luton-based travel company TUI has responded to Britain's decision to leave the EU by saying that it is 'barley conceivable' to imagine Europe without the UK.
The Leave campaign won by a 51.9% majority overnight.
CEO Fritz Jouseen admitted he was shocked by the decision but has backed his company to get through a period of uncertainty.
The EU without the UK is barely conceivable but we respect the democratic decision of the British people and trust the UK government will take all steps necessary to ensure economic and political stability and to ensure that British holidaymakers will not be affected by the UK's decision to leave the EU.
We are well prepared and confident that TUI Group as a truly global company will not be significantly affected by the decision.
It remains to be seen how the decision will affect consumer sentiment.
Workers arriving at the Vauxhall plant in Luton this morning have been reacting to the news of the historic Eu referendum result..
South Northamptonshire MP Andrea Leadsom is among the favourites to be the next Prime Minister.Read the full story ›
The boss of Northamptonshire Chamber of Commerce is calling on the Government to act to maintain "economic stability" following the historic EU result.
The Anglia region voted to leave the European Union by a greater margin than the rest of the country.
Some business people will be pleased with the result, and others resigned to it. Yet all companies will expect swift, decisive, and coordinated action from the government and the Bank of England to stabilise markets if trading conditions or the availability of capital change dramatically.
Firms across Northamptonshire want an immediate and unambiguous statement from the Government on next steps, along with a clear timeline for the UK's exit from the European Union.
Business will also want to see a detailed plan to support the economy during the coming transition period - as confidence, investment, hiring and growth would all be deeply affected by a prolonged period of uncertainty. If ever there were a time to ditch the straight-jacket of fiscal rules for investment in a better business infrastructure, this is it.
Businesses need action to maintain economic stability, a timeline for exit, and answers to their many practical, real-world questions about doing business during and after this historic transition. Firms want help to get Britain back to business at a time of great uncertainty. The health of the economy must be the number one priority – not the Westminster political post-mortem.”
The Vice-Chancellor of the University of Cambridge has tweeted his disappointment with the result of the EU Referendum..
We note this result with disappointment. My position on this issue is well known, but 52% of voters in the Referendum disagreed. We will work with our partners in business, research and academia, as well as our European partners and the Government, to understand the implications of this outcome.
Politicians across the region have been reacting to the news that the Prime Minister has resigned after the EU Referendum result.
David Cameron announced this morning that he will step down after the UK voted to leave the European Union.
Hugely sad and disappointed that David Cameron has decided to stand down, I didn't feel he needed to and I wish he hadn't.
Last May David Cameron was cheered by grateful MP for delivering GE victory. Today the country has lost a great man https://t.co/i1TNVC5Xkt
I'm very sorry that the PM has announced he is to step down this year. I will continue working with colleagues to fulfil our manifesto
Dignified speech by @david_cameron standing down as PM, congratulating leave on victory & highlighting Britain's proud multiculturalism
The PM @david_cameron at his statesmanlike best. So sad to see him go. A great man, democrat, patriot and Conservative of huge integrity.
People will only appreciate the essential bigness of David Cameron's character after he has left the stage. A great leader and a good man.
It has been a huge honour to serve GB with @david_cameron at helm. Boy will we miss him. Time for quiet reflection & esp for our Union
David Cameron resuscitated the Conservative Party. Leavers will have to be very careful not to kill it off again.
'The task now is to unite the country, to get the best deal possible for our great country and focus on the future': https://t.co/whNb0doiS1
Sorry to see @davidcameron_mp announce he is standing down. We did not always agree, but he is a true statesman
PM has done the right thing. His position was untenable but he's right to stay three months to oversee exit negotiations team & stability