File - A Moody's sign is displayed on 7 World Trade Center, the company's corporate headquarters in New York,in this February 6, 2013. REUTERS/Brendan McDermid
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Britain was warned Wednesday that it will have its credit rating cut if the country fails to get a good-enough deal on access to the European single market during its upcoming negotiations to leave the European Union. More than four months after Britain voted to leave the EU, the terms of Brexit remain to be ironed out. Prime Minister Theresa May has said she would invoke Article 50 of the EU Treaty by the end of March, launching two years of talks on Britain's exit from the bloc.It's unclear what May's government is looking to achieve while the other 27 countries in the EU have insisted they won't enter discussions with Britain until Article 50 has been triggered.
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