Monday, June 27, 2016

UK loses AAA status by Brexit – NU.nl

The United Kingdom enjoyed the Brexit the highest trust of the US credit rating agency Standard & amp; Poor’s (S & amp; P). But S & amp; P said Monday know that the rating for British long-term debt not one but two steps going down, from AAA to AA

The reduction is dictated by the choice of the British people in a referendum. to leave the European Union. This step leads to so much uncertainty, that S & amp;. P is the probability of a further reduction large eight in the near future

Fitch scaled-up the country already one step lower in, but degraded in the United Kingdom Monday night even further an AA + -. to AA status

the third major kredietbeoordeler, Moody’s, Friday asked the creditworthiness of the British at all. Moody’s hinted this weekend on a further reduction in response to the uncertainty that entails the

Brexit.



Higher interest rates

A lower credit rating generally means that a country higher interest rates to be paid by its government loans.

the kredietbeoordelers decision comes as no surprise. Principal analyst Moritz Kraemer had on Friday against business newspaper Financial Times said S & amp; P UK AAA rating (also known as triple-A), was completely untenable given the expected adverse economic and political consequences of a departure EU

By:. ANP / NU.nl

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