RaboResearch - Economisch Onderzoek

Landenrapport

Country Report United Kingdom (Engelstalig)

UK’s economy has been stagnating since 2010. What the authorities fail to realise is that growth shortfalls are equally credit-negative. The poor economic performance and the resulting downside risks to banks’ asset quality also remain a concern.

Economisch commentaar

UK: Osborne loses his cherished AAA (Engelstalig)

Moody’s decision to downgrade the UK’s government bond rating should not come as a surprise to investors. That said, the lower rating is a huge blow for Mr. Osborne since his austerity plan was partly based on maintaining the AAA-rating of the UK.