Ratings agencies downgrade UK credit rating after Brexit vote
The UK has lost its top AAA credit rating from ratings agency S&P following the country's Brexit vote. S&P said the the referendum result could lead to "a deterioration of the UK's economic performance, including its large financial services sector". Rival agency Fitch lowered its rating from AA+ to AA, forecasting an "abrupt slowdown" in growth in the short-term. - 27 June 2016.
Sterling falls and bank, airline and property shares tumble
Paying the price for BREXIT - For starters, UK financial markets volatile - the sterling plunging to a 31-year low against the dollar & some trading temporarily halted; 2 ratings agencies (S&P & Fitch) downgraded UK; & EU refuses to hold discussions (what did UK think.. it was going to use threat of leaving to bargain? .. just leave already - go wave your flags!) - http://www.bbc.com/news/uk-politics-eu-referendum-36644211
Fitch puts US credit rating under review for downgrade
Global credit rating agency Fitch has put the United States’ ‘AAA’ credit rating on “rating watch negative” based on stalled debt ceiling negotiations. “Although Fitch continues to believe that the debt ceiling will be raised soon, the political brinkmanship and reduced financing flexibility could increase the risk of a US default,” Fitch wrote in a release […]
http://www.credit-card-bank.biz/fitch-downgrades-ukraines-credit-rating-as-political-protests-put-financial-minneapolis-star-tribune-financial-credit-google-news/ - Fitch downgrades Ukraine’s credit rating as political protests put financial … – Minneapolis Star Tribune – financial credit – Google News