Ten Things You Need to Know Today: Tuesday 28 Jun 2016

1. Cameron meets EU leaders in Brussels

Prime Minister David Cameron will today meet EU leaders in Brussels, the first summit since the UK voted to leave the EU. Germany, France and Italy have already warned there can be no "formal or informal" talks on Brexit until the UK invokes Article 50 of the EU treaty. Meanwhile, Nigel Farage was involved in bitter exchanges with MEPs as the European parliament met for the first time since the vote.

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2. Jeremy Corbyn loses vote of no confidence

Jeremy Corbyn has said he will not step down as Labour leader despite a resounding vote of no confidence from his own MPs following a mass walkout from the shadow cabinet. Corbyn, who was elected party leader nine months ago, lost the no confidence motion by 172 votes to 40 but insisted it had "no constitutional legitimacy".

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3. Scotland holds emergency Brexit debate

MSPs have today been debating Britain's decision to leave the EU. The ruling SNP has insisted it would be "democratically unacceptable" for Scotland to be pulled out of the bloc after the country voted for Remain. First Minister Nicola Sturgeon has suggested a second independence referendum may be held.

4. Jeremy Hunt calls for second referendum

Health Secretary Jeremy Hunt has called for a second referendum on the EU. He suggests in a Daily Telegraph article that a deal should be made allowing the UK access to the single market and compromising on the free movement of workers. The public could then vote on this "Norway plus" proposal in a referendum or general election.

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5. Markets remain uncertain - but calmer

Investors are still gripped by uncertainty in the wake of the EU referendum last week, but the pound has made some gains after slumping to a 31-year low against the dollar yesterday and was up one cent in Asian trading this morning. The FTSE 100 is expected to open up 1.2% after falling 2.6% on Monday.

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6. Osborne rules himself out of Tory race

Chancellor George Osborne has ruled himself out of the upcoming Conservative leadership race, writing in The Times that he is "not the person to provide the unity my party needs". Health Secretary Jeremy Hunt is expected to stand. Nominations will open tomorrow for 24 hours, with a new leader expected to be in place by 2 September.

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7. HS2 construction plans are 'unrealistic'

The National Audit Office has warned that the HS2 high-speed rail link from London to the north has an "unrealistic timetable". The £56bn project seems safe "for now" from the political fallout of the EU referendum, says BBC transport correspondent Richard Westcott.

8. Microsoft pays out $10,000 for update

Microsoft has agreed to pay a Californian business owner $10,000 (£7,400) after her computer automatically updated from Windows 7 to Windows 10, leaving it unstable. Teri Goldstein said she did not give permission for the upgrade. Microsoft has been aggressively pushing the OS.

9. Chinese activist on trial for grave visit

China's crackdown on dissent continues, with an activist facing trial for visiting the grave of a young photographer who was one of the victims of the 1989 Tiananmen Square massacre, when the army brutally ended student protests. Veteran campaigner Chen Yunfei was arrested in March 2015 and may be jailed for ten years.

10. Who will replace Roy Hodgson as England manager?

England football manager Roy Hodgson quit last night minutes after England were knocked out of Euro 2016 following a 2-1 defeat at the hands of tiny Iceland, a result that has been described as the most embarrassing in English history. Toothless England went 1-0 up but conceded two soft goals and could not find an equaliser.

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