The UK just got hit with 2 downgrades

Two major rating agencies downgraded the United Kingdom's credit rating on Monday.
S&P Global Ratings lowered the UK to AA from AAA, with a "negative" outlook. And, Fitch cut its rating to AA from AA+, with a negative outlook as well. 
The downgrades come following the UK's surprise vote to leave the European Union last week.
Brexit "is a seminal event, and will lead to a less predictable, stable, and effective policy framework in the UK," S&P said in a stat