david-milliken
Ratings agency Moody’s says Britain at risk of credit downgrade
June 25, 2016 by elegant · Leave a Comment
By David Milliken LONDON (Reuters) – Ratings agency Moody's said Britain's creditworthiness was now at greater risk after voting to leave the European Union, as the country would face substantial challenges to successfully negotiate its exit from the bloc. Moody's assigned a negative outlook to its 'Aa1' rating for British government debt after a Thursday referendum showed that a clear majority of Britons wanted to leave the EU, prompting Prime Minister David Cameron to announce he would resign. Britain's finance ministry and …
View post:
Ratings agency Moody’s says Britain at risk of credit downgrade