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16 October 2020

Reuters: Moody's downgrades UK as COVID-19 and Brexit hit debt outlook

Moody’s lowered the rating to “Aa3” from “Aa2,” putting Britain on the same level as Belgium and the Czech Republic.

The world’s sixth-biggest economy shrank by the most among Group of Seven nations in the second quarter and its public debt has topped 2 trillion pounds ($2.6 trillion),...

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