Posts Tagged “credit agencies”

UK loses its triple-A rating – George should’ve listened to Danny

by Stephen Tall on February 22, 2013

The BBC reports tonight’s predictable news: UK’s AAA credit rating cut to Aa1 by Moody’s The UK has had its AAA credit rating cut by Moody’s, based on its expectation that growth will “remain sluggish over the next few years”. The ratings agency became the first to lower the UK from its highest rating, to […]

Danny Alexander: UK’s triple-A credit rating “not be-all and end-all”

by Stephen Tall on August 6, 2012

Lib Dem chief secretary to the treasury Danny Alexander has signalled an interesting shift in the government’s economic approach, downplaying the significance to the economy of the UK’s continuing triple-A credit rating. Here’s what he told the BBC (courtesy of PoliticsHome): “The credit rating is not the be-all and end-all. What matters is have we […]