Moody’s downgrades UK credit rating

Oct 21, 2020 | Economy

From time to time, I’ve run a credit check on myself, even if I don’t want to borrow money (I know, a bit like putting on a suit to sit around at home. Is it just me?) Anyway, just tried it again, and I’m proud to say that my credit score is currently better than that of our whole nation. According to rating agency Moodys, economic growth is low, the government’s making a mess of things and we won’t have the EU to bail us out. Bear in mind, however, that it was Moodys which gave Lehmans an ‘A’ rating until the day before they went bust in 2008. And they’re American.

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“Donald Trump is winning. Business, beware”

“Donald Trump is winning. Business, beware”

There’s a perception that whatever might be the consequences for the rest of the world, Trump as President should be good for business. Surely, as a business man himself, he’d be the friend of Corporate America, and everything, money-making-wise, went pretty well last time around didn’t it?