UK’s credit rating could be downgraded, says Moody’s

UK’s credit rating could be downgraded, says Moody’s

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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…

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