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.

How to Speed Up Your

There are times when you want to make the video ...

The 7 Challenges Nob

Adversity comes with the territory of being a business owner, ...

5 Keys to Your Home

When doing home improvements, one of the toughest things to ...

Why You Need to Know

The world of marketing has changed drastically in a very ...

3 Things to Consider

Starting and running a business is not only exciting but ...

web
statistics