| UK loses triple A credit rating |
|
The United Kingdom lost its triple A credit rating after being
downgraded by Moody's Investors' Service late on Friday, in the latest
blow to the government's fiscal consolidation programme as it tries to
address the nation's rising debt burden. Moody's lowered the UK rating by one notch to Aa1 citing the the deterioration in the government's balance sheet and continued weakness in its growth outlook, the agency said in a statement. http://link.ft.com/r/FG6LAA/ |
Reflections from news and commentary of the day
Subscribe To
Posts
Comments
Friday, February 22, 2013
UK loses triple A credit rating
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment