UK affirmed AAA: This is why ratings agencies get the big bucks

S&P: UK possibility of exiting the EU is a risk to the economy

Standard & Poors left the UK rating at AAA but maintained the negative outlook because of referendum uncertainties.

The UK can borrow for 10-years at 1.80% so they don't care what the ratings agencies have to say.

But if you want to know what the analysts who couldn't get a better job in the City have to say about the UK economy, here it is:

• Sees compromise on EU emerging in mid-2016
• Exiting EU could harm the GBP role as a reserve currency
• Could risk important external financing sources for UK sizeable current account deficit