S&P Maintained the UK's Credit Rating.
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International credit rating agency Standard & Poor's (S&P) has affirmed the UK's credit rating at "AA/A-1+" while maintaining its outlook as "stable".
International credit rating agency Standard & Poor's (S&P) has affirmed the UK's credit rating at "AA/A-1+" while maintaining its outlook as "stable".
S&P has released its assessment of the UK economy. In a statement from the credit rating agency, it was announced that the UK's long-term and short-term, foreign and local currency credit ratings have been confirmed at "AA/A-1+".
S&P affirmed the UK's credit rating at AA/A-1+ and maintained its outlook as stable. The agency stated that the stable outlook reflects the economy's resilience to the energy shock and reasonable growth, while risks are balanced by high public debt and fiscal constraints.
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