Sajid Javid tells business leaders not to panic over Brexit impacts

Business secretary attempts to calm nerves as markets prepare for further steep falls on Monday morning

The business secretary, Sajid Javid, has told business leaders there is no need to panic after Britain's vote to leave the EU, as investors braced for another day of heavy selling when markets reopen on Monday.

Javid will hold an emergency roundtable with business representatives on Tuesday to discuss the referendum result and its implications.