Fitch Takes Off the Rose-coloured Glasses for a New Look at U.K.

A new look.. An improved eyesight. For discount codes and coupons avail the Glasses USA’s new products.

24/7 Wall St.

78489302Apparently the U.K.’s Chancellor of the Exchequer failed to impress the analysts at Fitch Ratings. The ratings firm said this afternoon that it is putting the country’s ‘AAA’ rating on watch with an eye toward a near-term downgrade. Fitch calls this Ratings Watch Negative.

The ratings agency cited the latest forecasts that indicate that U.K. debt will rise later and to a higher level than previously expected. The budget message that was delivered a few days ago now forecasts that government and public sector debt will peak in 2016-2017 at 100.8% and 85.6%, respectively, and will not begin to decline until 2017-2018.

Among the key reasons for the negative watch are revised GDP growth forecasts. Fitch has revised its growth forecast from 1.5% in 2013 to 0.8%, and also revised the forecast for 2014 from 2% to 1.8%. The agency went on to say:

The persistently weak performance of UK…

View original post 116 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

The Byronic Man

We can rebuild him. We have the technology... Drier. Hilariouser. More satirical than before.

Stuff Kids Write

Like stuff adults write. But funnier.

Evelina Galli

USE THINGS. LOVE PEOPLE. DON'T SWITCH.

The Newest Wrinkle

An Online Fashion Magazine

mandymint

a fashion & lifestyle blog

9to5Mac

Apple News & Mac Rumors Breaking All Day

Run Now, Wine Later

...because life is all about balance

Fashion Candy

Indian fashion blog featuring outfit posts, personal fashion, no-nonsene beauty reviews and styling tips

McALPINE

Residential Architecture and Interior Design Partnership. We find sanctuary in a place that mirrors our soul. The best house is the house that looks like how we feel inside.

Style Me Thrifted

love your life on a budget

Keira Lennox

real-life beauty & style.

The Fashion Medley

“Fashion is not something that exists in dresses only. Fashion is in the sky, in the street, fashion has to do with ideas, the way we live, what is happening.” Coco Chanel

sageandclareblog.wordpress.com/

A visual diary on fashion, photography, interiors, lifestyle, travel, styling and our daily adventures x

Strictly Shopaholic Moddeals Coupons

Your Ultimate Shopping Guide and Guru Moddeals Coupons and Promotion Code

Eat.Pray.Love

🍴☝❤

%d bloggers like this: