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Old 07-12-2010, 10:05 PM
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Post S&P affirms “AAA” rating for UK

Rating agency Standard & Poor’s (S&P) today affirmed its “AAA” long-term rating on Britain but maintained its negative outlook on the long-term rating.Following the news, the pound fell to $1.5017 from $1.5068. Commenting on its announcement, S&P analysts Trevor Cullinan and David Beers, said: “The coalition government has set out what we view as a [...]

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