Lois C. Ferrara

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coronavirus: Fitch cuts UK's rating on coronavirus debt surge

Sat Mar 28 , 2020
LONDON/BENGALURU: Ratings agency Fitch cut Britain’s sovereign debt rating on Friday, saying the country’s debt levels would jump as the government ramped up its spending to offset the near shutdown of the economy in the face of coronavirus. Fitch downgraded the country by one notch to ‘AA-‘ – the same […]