S&P confirms British rating, warns on Brexit

Standard & Poor's maintained Friday its rating for Britain, having removed its coveted 'AAA' status after the June 23 EU exit referendum, and warned again over the impact of Brexit. S&P said in a statement that Britain's assessment remained at 'AA' with a negative outlook, meaning that the agency could lower the rating in the medium term. "In our opinion, Brexit presents a significant risk to the UK's track record of strong economic performance, and to its large financial sector in parti