Rating agency Fitch downgrades UK credit outlook

Rating agency Fitch downgrades UK credit outlook - short news


Lack of independent forecasts at mini-budget and clash with Bank of England’s inflation strategy prompts cut

Business live: new downgrade as Kwarteng holds mortgage crisis talks

Rating agency Fitch lowered the outlook for its credit rating for British government debt to “negative” from “stable” on Wednesday, citing risks posed by the measures announced in the chancellor’s mini-budget.

“The large and unfunded fiscal package announced as part of the new..


Read more on The Guardian

source: The Guardian - 06.10.2022

Top