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UK credit rating cut amid Brexit shock
Britain faces a downgrade to AA from AAA with negative outlook as Cameron defends the economy. Fitch followed S and P downgrades while markets slide, the pound hits a 31 year low, and Scotland signals possible independence pressures. EU talks paused. Kerry urges cooperative approach amid financial jitters.
MENTIONED IN THIS ARTICLE
London
David Cameron
Britain
European Union
U.K
Standard & Poor
Fitch
Standard and Poor
Pound
Scotland
House of Commons
Cameron
Angela Merkel
Boris Johnson
Merkel
Francois Hollande
U.S
John Kerry
Brussels
Institute of Directors
Edwin Morgan
Europe
Royal Bank of Scotland
Osborne
Bank of England
Mark Carney
England
Jeremy Corbyn
Labour Party
Corbyn
Nicola Sturgeon
Scottish National Party
Angus Robertson
Associated Press
Geir Moulson
Berlin
Leonora Beck