Wed, May 25, 2011 - Page 10 News List

Moody’s puts 14 UK banks on watch list

‘DOWNGRADE’:The ratings agency said the review was not driven by a deterioration in the banks’ financial strength, but changes in government support after the crisis

AFP, LONDON and BEIJING

However, Britain’s cumulative national debt rose almost 20 percent year-on-year to more than 1.2 trillion euros and now accounts for 82.5 percent of GDP.

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