Our Business News

Business articles & tips that will guide you.

Facebook
RSS

Standard & Poor's says the United Kingdom will keep its top "AAA" credit grade.

The rating agency late Friday affirmed its "AAA" long-term rating for the country, the same day as the Olympics got under way in London.

The U.K. economy slipped into a recession earlier this year, putting pressure on Prime Minister David Cameron and his government's efforts to cut spending and balance budgets. S&P said it expects the economy to recover in the second half of this year and that the government will keep budgets tight.

Last week, the International Monetary Fund said Cameron's government may have to ease up on budget cutting if the economy continues to struggle.

S&P said it expects the Bank of England to keep interest rates low to help the economy.

Comments are closed.

Rules to Follow Whil

If you have done everything on the creative and technical ...

5 Biggest Mistakes F

The process of buying a home is riddled with obstacles. ...

How to deal with the

Who does not love bonuses? If you are in the ...

Is Content Marketing

In the attempt to streamline everyday business operations, companies are ...

9 Common Reasons for

If you’re like most business owners, the decision to apply ...

web
statistics