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Moody’s downgrades United Kingdom from AAA
Rating agency Moody’s stripped the United Kingdom of its AAA credit rating. Moody’s said the key drivers of the downgrade included the country’s rising debt burden and tepid growth outlook over the next few years. The U.K. had held AAA status since Moody’s first began rating the country in 1978. Moody’s said that although the U.K.’s debt-servicing capacity remains very strong and very capable of withstanding further adverse economic and financial shocks, it does not at present possess the extraordinary resilience common to other AAA-rated issuers.
Read the full article here:
Moody’s downgrades United Kingdom from AAA
Read the full article here:
Moody’s downgrades United Kingdom from AAA
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article ID: 900011004 http://www.employmentcrossing.com/article/900011004/Moodys-downgrades-United-Kingdom-from-AAA/  article title: Moody’s downgrades United Kingdom from AAA
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