Business

Fitch revises British debt outlook from "stable" to "negative"

English.news.cn   2012-03-15 12:39:50            

LONDON, March 14 (Xinhua) -- Fitch Ratings on Wednesday revised the outlook of Britain's Long-term IDRs to "Negative" from "Stable," as it believed Britain has "very limited fiscal space to absorb further adverse economic shocks" against the background of high debt levels and weak economic recovery.

The ratings firm still kept its "AAA" rating on British sovereign debt.

Editor: Yang Lina
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