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Moody's warns UK of further debt downgrade on Brexit paralysis

Anti-Brexit protesters demonstrate outside the Houses of Parliament
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LONDON (Reuters) - Moody's warned on Friday it might further cut its rating on Britain's sovereign debt, saying Brexit had eroded the country's ability to tackle the challenge of its high levels of borrowing."It would be optimistic to assume that the previously cohesive, predictable approach to legislation and policymaking in the UK will return once Brexit is no longer a contentious issue, however..
Date Published: Nov 08, 2019
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