The most important news from yesterday, other than the referendum result, was David Cameron’s decision to not immediately trigger Article 50, but instead leave that decision to his successor to take, in October at the earliest. Had he triggered it yesterday, as he’d said during the campaign he would, he would have committed the UK to a hard and full Brexit within two years.
As a result, three further options have opened up: a soft, though still full Brexit taking longer than two years; a partial, Norwegian style, Brexit; or some sort of supposed renegotiation that concludes with the UK remaining an EU member.
This is huge. I’d think this will eventually be seen as the most crucial decision taken by him during his entire political career. I’m mystified as to why it wasn’t the lead item in every news piece.