Summary
FITCH, the ratings agency, maintained its triple-A rating for British sovereign debt and maintained a "stable outlook" yesterday, just over two months after rival agency Standard & Poor's downgraded its outlook on the UK to negative.
Fitch said its projections for British government debt to rise to 80per cent of gross domestic product by the end of 2010 showed the outlook was no worse than for other big, triple-A rated countries, although Britain had to do more to cut debt.See the full content of this document
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Britain Maintains Rating Despite Warning Over Soaring Debt
"The UK faces one of the most serious post-crisis fiscal adjustment challenges among 'AAA' governments, " the ra...
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