Article S13Q Britain faces potential two-notch credit slip if it votes to leave EU

Britain faces potential two-notch credit slip if it votes to leave EU

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from on (#S13Q)

Standard & Poor's warns country would be downgraded one notch on leaving, which could double if relations with Brussels sour

Britain's credit rating could be cut by as much as two notches if it leaves the European Union, according to Standard & Poor's, the only big ratings agency to still give Britain the top ranking.

A vote to quit the EU would be likely to result in a one-notch downgrade, which could be increased to two notches if relations between London and Brussels deteriorated significantly, the agency's chief sovereign rating officer told Reuters in an interview.

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