British EU exit turmoil alarms Asia, rocks Labour opposition

Demonstrators take part in a protest aimed at showing London's solidarity with the European Union following the recent EU referendum, inTrafalgar Square, central London, Britain June 28, 2016. REUTERS/Dylan Martinez

LONDON/BRUSSELS (Reuters) - European leaders told Britain on Tuesday to act quickly to resolve the political and economic chaos unleashed by its vote to leave the European Union, a move the IMF said could put pressure on global growth.

Financial markets recovered slightly after the result of Thursday's referendum wiped a record $3 trillion (£2.25 trillion) off global shares and sterling fell to its lowest level in 31 years against the dollar, but trading was volatile and policymakers said they would take all necessary measures to protect their economies.