Standard & Poor’s: Britain could lose its ‘AAA’ sovereign debt rating if the country exits the European Union

Market news

4 April 2016

Standard & Poor’s: Britain could lose its ‘AAA’ sovereign debt rating if the country exits the European Union

Rating agency Standard & Poor's (S&P) said on Monday that Britain could lose its 'AAA' sovereign debt rating if the country exits the European Union (EU).

"Brexit also heightens potential risks to economic growth and the balance of payments, as well as domestic political threats to territorial integrity," S&P's chief sovereign ratings officer Moritz Kraemer wrote on the politico.eu website.

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