Moody’s credit rating agency has dropped its negative outlook on the UK, citing the restoration of “policy predictability” after the mini-budget implemented last year and “more conciliatory” approach to EU trade. Standard & Poor’s credit rating for the United Kingdom stands at AA with stable outlook. Moody’s credit rating for the United Kingdom was last set at Aa3 with stable outlook. Fitch’s credit rating for the United Kingdom was last reported at AA- with negative outlook. DBRS’ credit rating for the United Kingdom was last reported at AA with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of the United Kingdom thus having a big impact on the country’s borrowing costs. This page includes the government debt credit rating for the United Kingdom as reported by major credit rating agencies.
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