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UK loses prized AAA credit rating

25 February 2013 •

Moody's has stripped the UK of its AAA credit rating on fears over rising government debt and years of slow economic growth ahead.

The ratings agency cut the country’s rating from AAA to Aa1 in a move which Chancellor George Osborne (pictured) said is a “stark reminder of the debt problems facing our country”. "Far from wea...

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