Fitch to downgrade UK from AAA rating

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Shortly after Moody's Investor's Service downgraded the UK's coveted AAA credit rating, Fitch has put the country’s economy on "rating watch negative", warning of a "heightened probability of a downgrade in the near term."
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Fitch is due to complete its full review by the end of April, taking a final decision over the downgrade.
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In February Moody's made waves when it expelled Britain from the privileged AAA exclusive club, which features Germany, Switzerland and Canada.

In December, Standard & Poor’s cut its outlook on Britain’s credit rating down to negative, warning that the UK could lose its AAA status if the country’s economy weakened further, “beyond expectations.”
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http://rt.com/business/fitch-downgrade-exclusive-rating-701/
 
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