Fitch Ratings said on Wednesday that it could downgrade the UK rating "AA" on the basis of growing uncertainty over talks between the UK and the European Union about the withdrawal of the country from an economic bloc next month.
"(A) We think markets are pricing in a rather negative history at the moment, so as a whole we can see what will happen, it would be great to have this uncertainty behind us, ready to help our small businesses, businesses and consumers, no matter what happens, "Stall said.
Barclays, along with other European banks, is under pressure because of the uncertainty surrounding Brexit. The bank was also recently in the news after a report in the Financial Times said the American hedge fund Tiger Global Management sold its entire stake in Barclays.
The New York-based hedge fund is one of the ten investors in Barclays owns a 2.5% stake in the bank. The exit comes at a time when Barclays is under pressure from activist activist Edward Brasson, who is boarding. Sherborne Investors at Bramson holds 5.5% stake in Bank
According to Reuters, Brassson has in the past called on Barclays to reduce the resources allocated to its investment units