Moody’s: Tory EU exit bigger risk to credit rating than election uncertainty
The prospect of Britain leaving the European Union is a bigger threat to the UK economy than uncertainty over the General Election, according to the respected agency
The prospect of Britain leaving the European Union is a bigger threat to the UK economy than uncertainty over the General Election, according to the respected agency
Britain’s triple A credit rating would be better protected under a Labour government than under the the Tories.
Sometimes, even abject policy failure doesn’t make much material difference. This is the paradox of the UK government’s loss of its AAA credit rating.
The blame for the downgrading of the UK’s triple-A credit rating by Moody’s can be laid squarely at the door of the government.
Ben Fox reports on Mr Osborne’s dangerous economic policies that could drive us into a credit rating crisis.