Does it matter that the UK has been stripped of its AAA credit rating? – Telegraph.co.uk
 Telegraph.co.uk |
Does it matter that the UK has been stripped of its AAA credit rating?
Telegraph.co.uk Some politicians and commentators have forecast another “Black Wednesday”, with a full-blown sterling crisis and rampant, consumer-crushing inflation. But Vince Cable, the Business Secretary, said Moody's downgrade of the UK to AA1 was “largely … Moody's has three concerns over UK Osborne Sticks to Austerity as Investors Say Downgrade Came Late UK economy: short-term cheer fails to dispel long-term gloom |
