Skip to content
Monday, 2 November 2026Malta edition Malta-24 Briefing Newsletter @CDNewsDispatch
Malta's world news feed Local perspective with global outlook
CDE.NEWS The Dispatch
Subscribe
LATEST
Government must take responsibility for economic strategy, infrastructure planning and meeting its electoral commitments – Malta Employers FELTOM Calls for Fair Competition and Sustainable Growth at ICEF Berlin 2026 Iran says it can reopen Hormuz in two days if US meets conditions EU Parliament to send 15 MEPs to Antalya climate talks, demanding faster action on fossil fuels Former British Chancellor says Britain’s future lies inside the EU
UK

S&P says it could cut UK rating after no-deal Brexit

cde.news desk · 1 min read
Xinf
epa03058743 (FILE) A file photo dated 08 December 2011 shows a sign displaying the name of the Standard & Poor's financial rating services in its offices in Paris, France. Rating agency Standard & Poor's downgraded the long-term credit ratings of nine European countries on 13 January 2012, saying actions taken by the eurozone to contain its debt crisis were likely insufficient. France and Austria lost their top AAA credit, and were downgraded by one notch to AA+. Italy, Spain, Portugal and Cyprus were lowered two levels, while Malta, Slovakia, and Slovenia each fell one level. Germany, along with Belgium, Estonia, Finland, Ireland, Luxembourg and the Netherlands, maintained their credit scores. EPA/IAN LANGSDON

Ratings agency Standard & Poor’s said it would cut Britain’s AA credit rating if the country leaves the European Union without a deal and warned that Brexit indecision was causing government paralysis.

“The UK authorities’ search for consensus on Brexit continues and is crowding out nearly all other policy considerations,” S&P said as it maintained its negative outlook on Britain’s rating. S&P said it did not expect a no-deal Brexit and forecast growth would average 1.3% a year from 2020 to 2022.

Via Reuters

Filed under BrexitFinancial NewsUK
Topics BREXITno dealStandard & Poor’sUK

More from UK

More →
UK

Patrick Stewart, Star Trek and X-Men actor, dies aged 86

 UK

UK announces £100 household energy payment and fuel duty cut

 UK

UK and EU agree to hold Brexit ‘reset’ summit on Nov. 20

The Malta-24 briefing, every weekday morning.

No widgets found. Go to Widget page and add the widget in Offcanvas Sidebar Widget Area.