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View Full Version : UK Credit Rating Downgraded By Moody's



NewsBot
20-Oct-20, 16:20
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:

UK Credit Rating Downgraded By Moody's




From The Guardian Credit ratings agency Moody's has downgraded Britain's credit status, citing a decline in economic strength in the wake of the coronavirus pandemic and continued Brexit uncertainty. With the government struggling to contain a second wave and ministers under pressure to sanction extra spending to protect businesses and jobs, Moody's lowered the UK's sovereign debt rating by one notch to Aa3 from Aa2. [Read Full Article (https://caithness-business.co.uk/article/12064)]