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Island's credit rating betters UK after Brexit vote

Warning the IoM's could be downgraded, though

The Isle of Man's credit rating stands one point above the UK following the Brexit vote, but for how long?

That's the question posed by Treasury Minister Eddie Teare after the UK was reduced to an AA rating by Standard and Poor's today.  

It follows the same news from Moody's and rival firm Fitch since the referendum result was announced.  

It's expected the Crown Dependencies will feel the same sting in coming weeks as forecasters predict a decline in UK economic growth.

The Island currently scores a 'stable' Aa1 rating - Eddie Teare says that could hang in the balance:

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