UK’s credit rating could be downgraded, says Moody’s
Image copyright PA Media
The UK’s credit rating could be downgraded, according to ratings agency Moody’s, which says Brexit has caused “paralysis in policy-making”.
It has changed the outlook on the UK’s current rating – which is a marker of how likely it is to pay back its debts – from “stable” to “negative”.
Moody’s also criticised the general election promises to raise spending with “no…