Fitch Ratings downgrades UK from AAA to AA+

Fitch Ratings has downgraded the UK's long-term foreign and local currency Issuer Default Ratings (IDR) to 'AA+' from 'AAA'.

Read more: What are credit ratings and why do they matter?

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Fitch downgrades UK economy

Fitch Ratings has downgraded the UKs long-term foreign and local currency Issuer Default Ratings (IDR) to 'AA+' from 'AAA'.