S&P Downgrades UK Credit Rating

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jun 28, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
    Likes Received:
    The fact that Standards Poor's downgraded the UK's credit rating from AAA to AA with a negative outlook was not exactly a surprise especially after Moody's reviewed UK's credit rating outlook to negative on Friday. Usually, a lower credit rating implies higher borrowing costs. Ironically, this is not what[​IMG]

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