S&P complete trio of credit agencies revising UK outlook
The Standard & Poor's credit rating agency's revision of the UK's outlook from stable to negative is the third such blow for the British economy this year:
- Moody's rating agency placed the UK on negative outlook in February
- In March, the Fitch agency followed suit, dropping the UK's outlook from stable
- S&P today completed the trio of agencies warning that the UK's coveted AAA rating is in danger
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