UK loses AAA credit rating following Brexit

[Sultan Of Swing]

UK loses top credit rating from S&P - BBC News

Thoughts? I feel like it's a bit premature really, it hasn't even been a week since the referendum, shouldn't S&P have waited to see if the markets stabilised and where the UK was after a few weeks, rather than so close to the result at a time of great uncertainty and panic? Perhaps I'm just ignorant though and these sorts of reactionary flash down-grades are common.

 

[David1967]

I think they didn't wait and see because they are wanting to punish Britain for leaving the EU. The thought of Britain becoming independent no doubt ticked them off.

 

[9-10ths_Penguin]

UK loses top credit rating from S&P - BBC News

Thoughts? I feel like it's a bit premature really, it hasn't even been a week since the referendum, shouldn't S&P have waited to see if the markets stabilised and where the UK was after a few weeks, rather than so close to the result at a time of great uncertainty and panic? Perhaps I'm just ignorant though and these sorts of reactionary flash down-grades are common.

If your friend announces he's going to quit his job, wouldn't you be less keen to loan him money before he finds another?

 

[Mindmaster]

It's mostly bogus. Vast swathes of loot didn't fly out of the UK because they made a vote, and they haven't even launched the process yet. It's the NWO trying to push someone around, and that is about it. I mean, they are still in the EU, so nothing ACTUALLY changed other than the fact that a vote was cast.

 

[9-10ths_Penguin]

It's mostly bogus. Vast swathes of loot didn't fly out of the UK because they made a vote, and they haven't even launched the process yet. It's the NWO trying to push someone around, and that is about it. I mean, they are still in the EU, so nothing ACTUALLY changed other than the fact that a vote was cast.

Not true. The probable future changed... and that's all a credit rating is about, when it comes right down to it.

 

[YmirGF]

Not true. The probable future changed... and that's all a credit rating is about, when it comes right down to it.

Agreed. I wasn't the slightest bit surprised by this news. It was expected.