Fitch may lower UK's 'AA' rating on Brexit uncertainty

Fitch Ratings said on Wednesday it may downgrade the United Kingdom's 'AA' debt rating based on growing uncertainty on the negotiations between Britain and the European Union over the nation's departure from the economic bloc next month.

"Fitch believes that a 'no-deal' Brexit would lead to substantial disruption to UK economic and trade prospects, at least in the near term," the rating agency said in a statement. (Reporting by Richard Leong in New York Editing by James Dalgleish)