HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Topics » Economy & Education » Economy (Group) » TEXT - S&P revises Un...
Introducing Discussionist: A new forum by the creators of DU

Thu Dec 13, 2012, 01:39 PM

TEXT - S&P revises United Kingdom's outlook to negative

Thu Dec 13, 2012 12:28pm EST

Overview
-- We now expect the United Kingdom's net general government debt as a
percentage of GDP to continue to rise in 2015, before declining again.
-- Future employment or growth shocks could pressure government finances
further.
-- We are therefore revising our outlook on the unsolicited long-term
ratings on the U.K. to negative, from stable, reflecting our view of a
one-in-three chance that we could lower the ratings if the U.K.'s economic and
fiscal performances weaken beyond our current expectations...

/... http://www.reuters.com/article/2012/12/13/idUSWNA103920121213

0 replies, 389 views

Reply to this thread

Back to top Alert abuse

Reply to this thread