Arab Today, arab today sp warns britains aaa rating threatened by eu exit risk
Last Updated : GMT 10:47:08
Arab Today, arab today
Arab Today, arab today

S&P warns Britain's AAA rating threatened by EU exit risk

Arab Today, arab today

Arab Today, arab today S&P warns Britain's AAA rating threatened by EU exit risk

S&P, the only major ratings agency to rate Britain as AAA
London - AFP

Ratings agency Standard & Poor's warned Friday that the risk of Britain leaving the European Union could affect its triple-A ranking.

S&P, the only major ratings agency to rate Britain as AAA, maintained the ranking with a negative outlook due to uncertainties over a coming referendum on Britain's EU membership.

It came shortly after the International Monetary Fund warned that uncertainty over a so-called "Brexit" could hurt its economy.

"In our opinion, the possibility that the UK could leave the European Union (EU) as a consequence of a planned 'leave or remain' referendum... represents a risk to the UK economy," S&P said in a statement.

British Prime Minister David Cameron has promised to hold a referendum before the end of 2017, while renegotiating the terms of Britain's membership in the meantime.

Most opinion polls show greater support for remaining within the 28-member bloc among the British public, though the pro-EU lead has been narrowing.

If Britain were to leave the EU, S&P warned that London would lose its ability to influence EU policies on financial services, put at risk financing services for its public deficit, and in a worse case scenario "harm sterling's role as a global reserve currency".

Nevertheless, the ratings agency noted that it believed the most likely outcome would be that Britain would vote to remain within the EU.

Ratings agency Fitch also said on Friday that it believed it was most likely Britain would remain in the EU, saying its outlook was "stable".

It said a vote to leave the EU would be a "moderately negative credit development" and risk "triggering a second referendum on Scottish independence" following a plebiscite held in 2014.

 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today sp warns britains aaa rating threatened by eu exit risk Arab Today, arab today sp warns britains aaa rating threatened by eu exit risk

 



Arab Today, arab today
Arab Today, arab today Heart of Turkish Riviera is Alluring Seaside Escape

GMT 11:11 2017 Tuesday ,28 March

Heart of Turkish Riviera is Alluring Seaside Escape
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Turkey says ends its military operation

GMT 07:53 2017 Thursday ,30 March

Turkey says ends its military operation
Arab Today, arab today Media host gives priority to problems of people

GMT 07:00 2017 Tuesday ,28 March

Media host gives priority to problems of people
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Disaster costs nearly double to $175bn

GMT 10:42 2017 Tuesday ,28 March

Disaster costs nearly double to $175bn
Arab Today, arab today Campaign fights sexual harassment in Egypt

GMT 11:14 2017 Tuesday ,28 March

Campaign fights sexual harassment in Egypt
Arab Today, arab today 'Underwater wasteland' worries

GMT 10:32 2017 Thursday ,30 March

'Underwater wasteland' worries
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Mercedes, VW recall million vehicles in China

GMT 09:16 2017 Wednesday ,29 March

Mercedes, VW recall million vehicles in China
Arab Today, arab today Uber grounds self-driving cars

GMT 09:11 2017 Monday ,27 March

Uber grounds self-driving cars
Arab Today, arab today Trump moves to roll back Obama climate measures

GMT 08:39 2017 Wednesday ,29 March

Trump moves to roll back Obama climate measures

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 09:28 2017 Tuesday ,28 March

Trump poised to roll back climate protections

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 07:50 2017 Thursday ,30 March

Breaking trans barriers one barbell

GMT 09:02 2017 Thursday ,23 March

Laptop ban sparks ire

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday