UK ‘no longer a stable economy’ in wake of political chaos, warns rating agency
UK ‘no longer a stable economy’ in wake of political chaos, warns rating agency
Chancellor Jeremy Hunt has vowed to do ‘whatever necessary’ to bring the situation under control (Picture: Getty /Reuters)
Chaos at No 10 has led to the UK’s economic outlook being downgraded from ‘stable’ to ‘negative’.
Ratings agency Moody’s cited political instability and high inflation as the two major reasons behind the shift.
The news comes as Chancellor Jeremy Hunt vowed to do ‘whatever…