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UK could lose coveted AAA rating, warns Fitch
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Anonymous Coward |
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Fitch explicitly warned that “discretionary fiscal easing” - a relaxation of the Government’s austerity efforts - would likely prompt a rating downgrade Link: [ link to www.telegraph.co.uk] Quoting: USMC0369 I wouldn't be surprised if the chancellor didn't give them a nudge, since this news removes any expectation that anything positive (like reducing the duty we pay on fuel)will come out of Aprils budget, we'll just get more of the same austere pain.
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