Fitch cuts outlook for UK rating to 'negative' from 'stable' - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Ratings agency Fitch lowered the outlook for its credit rating for British government debt to “negative” from “stable” on Wednesday, days after a similar move from rival Standard & Poor’s following the government’s September 23 fiscal statement.

Image: ReutersRatings agency Fitch lowered the outlook for its credit rating for British government debt to “negative” from “stable” on Wednesday, days after a similar move from rival Standard & Poor’s following the government’s September 23 fiscal statement.

Sterling fell to a record low against the US dollar and some British government bonds tumbled by the most in decades, forcing the Bank of England to step in to stabilise markets.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 37. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

INFOGRAPHIC: Teenage pregnancy in numbers - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Teenage pregnancy rate is high among people who are early into the adolescent stage and teenagers. It has been reported that a lot of young girls between the age of 10-19 became pregnant during the pandemic. Has it ever been low kodwa? It looks like the person in the picture is a man with a fat tummy 🤔
Source: SABCNews - 🏆 37. / 51 Read more »

Fitch cuts outlook for UK rating to 'negative' from 'stable' - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Ratings agency Fitch lowered the outlook for its credit rating for British government debt to “negative” from “stable” on Wednesday, days after a similar move from rival Standard & Poor’s following the government’s September 23 fiscal statement.
Source: SABCNews - 🏆 37. / 51 Read more »