UK threatened with second credit rating downgrade; Kwarteng to hold mortgage crisis talks – business live - short news
Rolling coverage of the latest economic and financial news, as ratings agency Fitch lowers outlook on UK debt to “negative” from “stable”
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A second rating agency has threatened to downgrade the UK’s credit rating, warning that the unfunded tax cuts in Kwasi Kwarteng’s mini-budget will drive up borrowing.
The large fiscal stimulus, announced without..
source: The Guardian - 06.10.2022