Friday, June 12, 2015

GB: negative outlook from S & P – BBC

The agency Standard & amp; Friday Poor’s lowered to “negative” the outlook for the rating of the UK’s long-term debt, currently set at the highest notch AAA, citing risks to the referendum on British membership of the EU European (EU).

“The decision of the Conservative government (…) to hold a referendum on membership of the United Kingdom to the EU by 2017 represents a risk to the outlook for growth in financial services and export sectors and for the economy in general, “said S & amp; P in a statement.

“We also believe that a possible start of the EU raises the question of financing large deficits (fiscal and current accounts, ie) in the UK,” added the agency notation.

The change to a “negative” outlook means that the country’s rating could be lowered in the short or medium term, although it is not a certainty

S & amp;. P the only of the three major rating agencies to give its top rating for long term debt of the United Kingdom. Moody’s awarded him the note “Aa1″ (stable outlook), the second best in its scale that has 19, and Fitch affirmed in December its rating “AA +” with a stable outlook – also the second highest rating possible on its scale of 22.

The conservative Prime Minister David Cameron, easily re-elected in the parliamentary elections of May 7, has promised to hold a referendum on whether to maintain the country in the EU by in late 2017.

ALSO:.
“S & amp; P lowers rating of Greece
” S & amp; P maitient note AA for France

LikeTweet

No comments:

Post a Comment