Sun, Feb 24, 2013 - Page 13 News List

Moody’s strips UK of top rating on weak outlook

‘HUMILIATING’:The downgrade dealt a blow to the ruling coalition, which pledged to defend the country’s triple-A rating, but has failed to meet its deficit-reduction goals

Reuters, LONDON and NEW YORK

However, Howard Archer, IHS Global Insight’s chief UK economist, said a new approach from Osborne was improbable.

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