NEWS： S & P confirms that no agreement will lead to downgrade
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S & P global ratings said Friday it would downgrade the UK's "AA" credit rating if it left without an agreement, and warned that the prolonged brexit was paralyzing the government.
S & P confirmed that the UK rating was "AA / A-1 +", with a negative outlook.
"The British authorities continue to seek consensus on the issue of brexit, leading to the withdrawal of almost all other policy considerations," said S & P, adding that the UK is not expected to exit without agreement, and the average annual growth rate of the UK economy is expected to be 1.3% from 2020 to 2022.
please contact sales@tanchin.hk for any inquiry
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