Standard and Poor’s attacks Britain

Standard and Poor’s has downgraded UK’s credit rating by two notches from AAA to AA as a result of the  Brexit vote. S&P is concerned about the risks of the UK’s external financing conditions worsening. It also said that the economic integrity of the United Kingdom is under threat, once the voters of Scotland and Northern Ireland voted to remain in the EU.

Standard & Poor’s Explains Why UK Has Lost AAA Rating