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UK loses prestigious Aaa credit rating

International rating agency Moody’s has downgraded the UK’s credit rating from Aaa to Aa1.*

There are several ‘credit rating agencies’ who publish credit ratings. These include S&P, Moody’s and Fitch. Each agency will form their own opinion on the risk attached to a particular borrower.

*This information is correct as at 23/02/13.

Farrell Financial Planning are independent financial advisers (IFAs) and do not provide opinion of the credit worthiness of any third parties. Farrell Financial Planning may however take credit ratings into account when giving independent financial advice.

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