The “large and unfunded fiscal package” announced by Kwasi Kwarteng last month has been cited as one of the main reasons ratings agency Fitch cut its outlook for the UK’s credit rating to “negative...
The UK’s “rapid” economic recovery after lockdowns and the government’s efforts to cut the deficit following the large Covid-19 support schemes have led to rating agency Fitch affirming its judgement...
Ratings agency Fitch has raised its outlook on the UK after its better-than-anticipated response to the ongoing challenge of Covid-19 since the start of the year.
The UK’s credit rating could decrease if the Brexit free trade agreement with the European Union undermines economic performance, according to ratings agency Fitch.
The government’s Internal Market Bill could make a future free trade deal with the European Union harder, leaving UK GDP 2% worse off, according to ratings agency Fitch.
Chancellor George Osborne’s decision to impose rent cuts on social housing providers in last week’s summer Budget has hit the creditworthiness of the sector, ratings agency Fitch has said.
