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Fitch becomes the third ratings agency to downgrade UK credit rating

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    Fitch becomes the third ratings agency to downgrade UK credit rating

    Doooooom - but don't worry Brexit folk say all will be fine.

    The agency just announced in a press release that it was downgrading the UK from an AA+ rating to an AA rating.

    Fitch believes that uncertainty following the referendum outcome will induce an abrupt slowdown in short-term GDP growth, as businesses defer investment and consider changes to the legal and regulatory environment.
    Last edited by scooterscot; 27 June 2016, 20:24.
    "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

    #2
    Least I don't live in Cornwall, Wales and the North East...

    Christmas and Turkeys spring to mind.
    "You’re just a bad memory who doesn’t know when to go away" JR

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      #3
      Whoopty****ingdoo the credit agencies know tulip.
      http://www.cih.org/news-article/disp...housing_market

      Comment


        #4
        Originally posted by PurpleGorilla View Post
        Whoopty****ingdoo the credit agencies know tulip.
        Cost of borrowing and debt goes up. There goes your 350M and reason for the last 6 years austerity
        What happens in General, stays in General.
        You know what they say about assumptions!

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          #5
          Originally posted by MarillionFan View Post
          Cost of borrowing and debt goes up. There goes your 350M and reason for the last 6 years austerity
          I wouldn't worry. It's not like we have that much debt.

          Fill your car up with fuel and keep doing the lottery. About as a much as you can do now..
          "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

          Comment


            #6
            Originally posted by scooterscot View Post
            I wouldn't worry. It's not like we have that much debt.

            Fill your car up with fuel and keep doing the lottery. About as a much as you can do now..
            Apart from the Euromillions
            Brexit is having a wee in the middle of the room at a house party because nobody is talking to you, and then complaining about the smell.

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              #7
              Originally posted by darmstadt View Post
              Apart from the Euromillions
              he he
              "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

              Comment


                #8
                Originally posted by scooterscot View Post
                I wouldn't worry. It's not like we have that much debt.

                Fill your car up with fuel and keep doing the lottery. About as a much as you can do now..

                Well credit card balance transfers are low at the moment. If we can get Tescos to take 1.2 Trillion at 0% for 24 months and a 1.5% balance transfer fee were laughing.
                What happens in General, stays in General.
                You know what they say about assumptions!

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                  #9
                  Originally posted by MarillionFan View Post
                  Well credit card balance transfers are low at the moment. If we can get Tescos to take 1.2 Trillion at 0% for 24 months and a 1.5% balance transfer fee were laughing.
                  Then use the Capital One card to make the monthly payments
                  When freedom comes along, don't PISH in the water supply.....

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                    #10
                    Originally posted by TestMangler View Post
                    Then use the Capital One card to make the monthly payments
                    Nah. Amex. Think of the bloody airmiles, we can fly the entire Tory party to the moon.
                    What happens in General, stays in General.
                    You know what they say about assumptions!

                    Comment

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