Monday, June 27, 2016

Lowered credit ratings UK – Västerbotten Courier

Credit rating agency Standard & amp; Poor’s lowers Britain’s credit rating two levels from the top level of AAA to AA. The reason is the outcome of the referendum on EU membership. Although the rating agency Fitch lowers rating to AA from AA +.

S & amp; P believes that the British no to the EU leads to a less predictable and more volatile development in the UK. It also points to the possibility of another referendum on an independent Scotland that could lead to a breakout.


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