The loss of Britain’s triple A credit rating won’t make much difference
Sometimes, even abject policy failure doesn’t make much material difference. This is the paradox of the UK government’s loss of its AAA credit rating.
Sometimes, even abject policy failure doesn’t make much material difference. This is the paradox of the UK government’s loss of its AAA credit rating.
The blame for the downgrading of the UK’s triple-A credit rating by Moody’s can be laid squarely at the door of the government.