Ten Things You Need to Know Today: Monday 27 Jun 2016

1. David Cameron sets up Westminster 'Brexit unit'

David Cameron has told MPs there can be "no doubt" about the result of the EU referendum and that the decision "must be accepted" and the process of leaving Europe begin. Speaking in parliament today, the PM, who announced his resignation last Friday, said key decisions would have to wait until his successor was chosen, but that a Brexit unit had been set up at Westminster.

Theresa May rejects calls to increase Indian visa quota

2. Corbyn vows to fight for Labour leadership

Jeremy Corbyn has vowed to stay on as Labour leader and stand again in any leadership election. Labour MPs are to discuss a no confidence motion later today and a secret ballot could be held tomorrow after string of politicians left the shadow cabinet over the weekend. Corbyn has been under pressure to resign over his handling of the EU referendum.

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Jeremy Corbyn is a 'disaster', says Stephen Hawking

3. Pound falls further as firms plan to leave

After suffering its worst single-day fall in 31 years on Friday, the pound has fallen by a further 2.6% in Asian trading this morning. Meanwhile, a survey of 1,000 business leaders has found that one in five are considering moving some of their operations outside the UK, while a quarter have put on hold plans to hire more employees.

Remain-voting City lobby group calls for 'dramatic Brexit U-turn'

4. Boris Johnson lays out plans for future

Brexit leader Boris Johnson has laid out his vision for the country's political future in a newspaper column seen by some as a first bid for the Conservative leadership. He writes in the Daily Telegraph that the UK will "intensify" co-operation with the EU while introducing a points-based immigration system.

5. Racist incidents reported after vote

There are fears that last week's vote to leave the EU lies behind a number of racist incidents reported since. Racist graffiti was daubed on a Polish cultural centre in London while cards saying: "No more Polish vermin" were put through letterboxes in Cambridgeshire. Baroness Warsi says immigrants are being harassed in the street.

6. Calls grow for second EU referendum

Labour MP David Lammy has joined the demand for a second referendum on EU membership, while former Tory cabinet minister Lord Heseltine has called for a cross-party group of MPs to look at "rethinking the result". Former PM Tony Blair said a second vote was unlikely, but added: "Why rule anything out right now?"

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7. Spain's political deadlock continues after second election

Mariano Rajoy and his Partido Popular have won the most seats in a re-run general election in Spain, although they do not have enough to break the months-long political deadlock which forced the second ballot to be held. The socialist PSOE came second, with the left-wing Unidos Podemos alliance in third followed by the centrists Ciudadanos.

8. Children 'serious' after rollercoaster accident

Two children remain in a serious condition in hospital after a rollercoaster came off its rails and landed upside down on a concrete path in Motherwell, North Lanarkshire. Six ambulance crews and a specialist operations team were called to the Tsunami ride at M&D's amusement park yesterday. Eight children and two adults were hurt and the park has been closed.

9. Iraqi forces retake Falluja from Islamic State

Iraqi forces claim to have recaptured the last district in Falluja still under Islamic State control, ending a month-long campaign that forced tens of thousands of people from their homes. The city, 40 miles from Baghdad, fell to IS in January 2014. As much as 30 per cent of the city was destroyed during the operation in which Iraqi forces were assisted by US coalition air strikes.

Baghdad bombings: Islamic State escalates terror campaign

10. Messi quits international football

Lionel Messi has announced his retirement from international football after missing a penalty as Argentina lost its fourth major final in nine years, defeated by Chile in the Copa America. Messi said: "It's not meant for me. For me the national team is over … it hurts not to be a champion." His only major international honour is an Olympic gold.