Investment Week (October 20)
2020/ 10/ 22 by jd in Global News
“The UK’s credit rating has been downgraded by Moody’s amid a looming economic hit from the coronavirus pandemic and the forthcoming Brexit deadline.” The UK’s sovereign debt status dropped “one notch to Aa3, from Aa2,” with the ratings agency “noting that Britain’s growth has been meaningfully weaker than expected and is likely to remain so in the future.”
Tags: Aa3, Brexit, Coronavirus, Credit rating, Deadline, Debt, Downgraded, Economic hit, Looming, Moody's, Pandemic, Sovereign, UK
