{"id":277028,"date":"2016-11-02T22:19:33","date_gmt":"2016-11-02T21:19:33","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/newswire\/uk-credit-rating-at-risk-of-downgrade-moodys-warns\/"},"modified":"2016-11-02T22:19:33","modified_gmt":"2016-11-02T21:19:33","slug":"uk-credit-rating-at-risk-of-downgrade-moodys-warns","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/newswire\/uk-credit-rating-at-risk-of-downgrade-moodys-warns\/","title":{"rendered":"UK credit rating at risk of downgrade, Moody\u2019s warns"},"content":{"rendered":"<div>\n<p><strong>Britain has been warned that its credit rating will be downgraded if it fails to secure access to the European Union\u2019s single market during its upcoming Brexit negotiations.<\/strong><\/p>\n<p>In a report released on Wednesday, US credit ratings agency Moody\u2019s said the loss of access to the EU single market would materially damage Britain\u2019s economic growth.<\/p>\n<p>&#8220;The UK&#8217;s Aa1 sovereign rating would be downgraded if the UK&#8217;s loss of access to the European Single Market following Brexit were to materially weaken medium-term growth and if the credibility of UK fiscal policy were to be undermined,&#8221; Moody&#8217;s said in a statement.<\/p>\n<p>&#8220;One scenario that Moody&#8217;s considers to be realistic is a series of accords offering access to the EU market for goods and more constrained access for services, in particular financial services. However, such an outcome is far from certain,&#8221; it said.<\/p>\n<p>Moody\u2019s currently rates the UK as Aa1, which is the second-highest rating.<\/p>\n<p>The credit rating agency&#8230;<\/p>\n<\/div>\n<p> <a href=\"http:\/\/www.presstv.ir\/Detail\/2016\/11\/02\/491848\/UK-credit-rating-Moodys\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Britain has been warned that its credit rating will be downgraded if it fails to secure access to the European Union\u2019s single market during its upcoming Brexit negotiations. In a report released on Wednesday, US credit ratings agency Moody\u2019s said the loss of access to the EU single market would materially damage Britain\u2019s economic growth. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[519],"tags":[],"class_list":{"0":"post-277028","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-newswire"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/277028","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=277028"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/277028\/revisions"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=277028"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=277028"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=277028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}