S&P strips UK of last top-notch credit rating after Brexit

By Andy Bruce LONDON (Reuters) - Ratings agency Standard & Poor's stripped Britain of its last remaining top-notch credit rating on Monday, slashing it by two notches from AAA and warning more downgrades could follow after Britons voted to leave the European Union last week. "In our opinion, this outcome is a seminal event, and will lead to a less predictable, stable, and effective policy framework in the UK," S&P said in a statement, adding it saw a higher risk of Scotland breaking away