UK Likely to Lose Top Credit Rating as #Brexit Campaign Wins - S&P

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Arrangement of British 10 and 20 pound bank notes - Sputnik International
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Britain may lose its AAA credit rating after the "Leave EU" campaign won in a historic referendum.

MOSCOW (Sputnik) — The United Kingdom is likely to lose its AAA credit rating after voting in favor of leaving the European Union in Thursday's referendum, Standard & Poor's financial services company said Friday.

"We think that an AAA-rating is untenable under the circumstances," S&P chief ratings officer Moritz Kraemer told the Financial Times.

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