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UK credit rating downgraded by Moody's

http://ift.tt/2wcLWba

Moody's, one of the major ratings agencies, downgraded the UK to an Aa2 rating from Aa1.

The other major agencies, Fitch and S&P, changed their ratings in 2016, with S&P cutting it two notches from AAA to AA, and Fitch lowering it from AA+ to AA.

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