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IMF welcome Bank of England's calming measures

The managing director of the International Monetary Fund (IMF) has welcomed the measures taken by the Bank of England to "guard against excess volatility, and to provide what is necessary".

Christine Lagarde said it will be "some time before we know the nature of the future relationship between the UK and the EU", and stressed the importance of "clarity on the negotiation process" to make the transition as "smooth a manner as possible".

She added: "IMF for its part will continue to monitor the development closely and will work with our members to ensure the resilience and stability of the global economy in the period ahead."

President Obama: UK will remain 'indispensable partner'

U.S. President Barack Obama. Credit: Pool

U.S. President Barack Obama has said he "respects" Britain's decision to leave the European Union.

In a statement issued by the White House, he said: "The special relationship between the United States and the United Kingdom is enduring, and the United Kingdom’s membership in NATO remains a vital cornerstone of U.S. foreign, security, and economic policy.

"So too is our relationship with the European Union, which has done so much to promote stability, stimulate economic growth, and foster the spread of democratic values and ideals across the continent and beyond.

"The United Kingdom and the European Union will remain indispensable partners of the United States even as they begin negotiating their ongoing relationship to ensure continued stability, security, and prosperity for Europe, Great Britain and Northern Ireland, and the world", he added.

MP will question £350 million NHS pledge

The chairwoman of the Commons Health Select Committee has said she will question the Leave campaign on one of their referendum pledges.

Dr Sarah Wollaston MP will be asking "when and how" the £350 million - which Leave claimed to be sent to the EU weekly - will be spent on the NHS.

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