• Standard & Poor's affirms the U.K.’s AA+ credit rating with a negative outlook

Market news

2 May 2016

Standard & Poor's affirms the U.K.’s AA+ credit rating with a negative outlook

Standard & Poor's (S&P) affirmed the U.K.'s AAA credit rating on Friday. The outlook is negative.

According to S&P analysts, Britons will vote to remain in the European Union (EU).

"Our affirmation of the rating reflects our assumption that, by a small majority, the referendum will deliver a vote to remain in the EU", the agency said.

But S&P added that a possible leave weighed on Britain's creditworthiness.

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