Moody's, one of the big three credit ratings agencies, has cut its outlook for the UK economy from "stable" to "negative".
Britain's unprecedented decision to leave the European Union sent global financial markets into tailspins Friday, but analysts say that average investors shouldn't panic over their personal investments or retirement plans.
One of the possible bidders for Port Talbot steel works has threatened to pull out of takeover talks in the wake of the Brexit vote.
Wall Street and the FTSE 100 both fell sharply in a wild day of trading after the UK voted for Brexit. The London blue-chip index fell 7% in early trading to just over 5,800 points but ended the day 3.15% lower at 6,138.
The cost of foreign travel has already soared as the shock referendum result sets in. File image. The cost of foreign travel has already soared as the shock referendum result sets in.