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Watch: What is Brexit?

Ahead of a June 23 referendum on European Union membership, many of London's leading lights are deeply worried about its future. Since almost exactly 30 years ago, when Conservative Prime Minister Margaret Thatcher liberalised finance through a package of reforms so dramatic it was dubbed the Big Bang, London has become the undisputed financial capital of a united Europe - a status that now hangs in the balance.

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Penfolds Victoria Derby Day 2024
Racing

Penfolds Victoria Derby Day 2024

Keeper of the Lexus Melbourne Cup, Joe McGrath speaks about the history of the event and what draws the crowd to the Melbourne Cup Carnival every year. Video / Alyse Wright