Moody’s downgrades UK to Aa1 from Aaa; outlook now stable

Moody’s Investors Service has today downgraded the domestic- and foreign-currency government bond ratings of the United Kingdom by one notch to Aa1 from Aaa. The outlook on the ratings is now stable. The key interrelated drivers of today’s action are: 1. The continuing weakness in the UK’s med…

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Moody’s downgrades UK to Aa1 from Aaa; outlook now stable