U.K. Rating Cut Two Levels by S&P, One by Fitch After BrexitBy and
S&P cites risks to policy framework, constitutional issues
52% of Britons voted to leave European Union in referendum
The U.K. was stripped of its top credit grade by S&P Global Ratings, and Fitch Ratings also lowered its rank, the latest crushing verdicts on the country’s decision to leave the European Union that has left it in political and economic paralysis.
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