*** Excerpt from S&P Global ratings and.....>

UK VIEW: *** Excerpt from S&P Global ratings and outlook action on the UK:  

- The Conservative Party's newfound majority should clear the passage of the

Withdrawal Agreement Bill through parliament, diminishing the risk of a no-deal

Brexit.

- While uncertainty remains about the U.K.'s future relationship with the

European Union (EU), we expect that the U.K. will ultimately seek an extension

to the transition period beyond December 2020.

- We are therefore revising the outlook on our sovereign credit ratings on the

U.K. to stable from negative and affirming our sovereign credit ratings at

'AA/A-1+'.