Fitch cuts UK's sovereign rating to 'AA-' as coronavirus strains finances
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(Reuters) - Ratings agency Fitch downgraded UK's sovereign rating to 'AA-' from 'AA' on Friday, blaming a significant weakening of the country's public finances due to the coronavirus outbreak and a fiscal loosening stance.Prime Minister Boris Johnson tested positive for the coronavirus, which has infected more than 14,500 and killed 759 as of Thursday afternoon in UK, up by nearly a third in 24 hours. "The downgrade https://www.fitchratings.com/site/pr/10115919 also reflects the deep..