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Tuesday 31 March 2009

Ireland's credit rating cut

Standard & Poor (S&P) have cut Ireland's credit rating from AAA to AA+, how long before the UK is likewise downgraded with the consequent effects?

1 comment:

John M Ward said...

Not all that long now, I suspect. It does seem likely, especially after this news; and I'd expect it to happen here within a matter of mere months.