Ten Things You Need to Know Today: Saturday 25 Jun 2016

1. Moody's cut UK's credit outlook to 'negative'

Moody's has cut the UK's sovereign rating from "stable" to "negative" due to the uncertainty sparked by the outcome of the EU referendum. The ratings agency said that the unpredictability of UK decision-making influenced its move, as did the likelihood of lower economic growth. Rival ratings agency Standard & Poor's said before the voting that Britain stood to lose its AAA credit rating.

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