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Montevideo, June 14th 2024 - 02:50 UTC

Tag: UK credit rating

  • Saturday, April 20th 2013 - 08:56 UTC

    Fitch trims UK top credit rating on weaker economy and fiscal outlook

    Labour Balls: ‘another humiliating blow for the Prime Minister and the Chancellor’

    Britain's credit standing took a further blow when Fitch Ratings became the second major international agency to strip the country of its top-notch credit rating. The move is an embarrassment for the Conservative-led government which promised to protect the country's rating when it took power in 2010, and will heighten the debate about whether austerity is still the right approach.