S & P downgraded the UK to “AA” – Economy News

Print The rating agency Standard & amp; Poor’s announced reduction of the sovereign rating of Great Britain in foreign and local currencies from “AAA” to “AA” from “negative” outlook

The credit rating of the UK, according to the American S & amp;. P, was lowered by two notches, while “negative” rating outlook implies the possibility of further reduction in credit scores.

Analysts explain its decision deteriorating UK economic outlook, which, in their opinion, will happen after the UK out of the EU on the results of a referendum passed.

” downgrade reflects our view that the voting in a referendum in favor of the “exit” of the United Kingdom from the EU structure will reduce the predictability, stability and efficiency of decision-making in the UK, as well as the impact on the economy, GDP growth, fiscal and the foreign trade balance of the country.

UK out of the EU could also eventually lead to a reduction in the role of sterling as a reserve currency. The uncertainty around the potentially lengthy negotiations on future relations between the UK and the EU also represents certain risks. ”