Brexit fallout: UK’s financial outlook downgraded to ‘negative’ – TheLiberal.ie – Our News, Your Views

Brexit fallout: UK’s financial outlook downgraded to ‘negative’




chart

The UK’s exit from the EU has transformed the European fabric overnight, causing political and financial ripples throughout the continent.

Today, credit rating agency Moodys has moved to downgrade the UK’s economic outlook to ‘negative’, as the country is expected to enter into an extended period of uncertainty.

While the full consequences of Brexit will take months and years to be fully understood, this historic event may have set off a chain of events that may culminate in the total breakup of the EU as we know it.

Share this story with a friend

Share this story

Tell us what you think on our Facebook page