Article 155A3 Brexit vote would affect UK's top credit score, says Standard & Poor's

Brexit vote would affect UK's top credit score, says Standard & Poor's

by
Katie Allen Economics reporter
from on (#155A3)

Ratings agency says downgrade would push up UK's government borrowing costs and hurt its standing in global markets

The UK would lose its top credit score if the public voted to leave the EU in the 23 June referendum, ratings agency Standard & Poor's said in a fresh warning on Thursday.

The only big credit ratings agency to award Britain the highest AAA ranking renewed its warning over the UK's economic prospects outside the EU after David Cameron fired the starting gun on referendum campaigning last weekend.

Related: Brexit provokes strange alliances

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