S&P cuts UK outlook to negative

FXstreet.com (Córdoba) - The Rating agency Standard and Poor's decided on Thursday to put UK's AAA rating on negative outlook from stable.

S&P expects the government debt/GDP ratio to rise in 2015 before declining. The agency also said the employment or growth shocks could pressure further the government finances.

This confirms a negative view that Moody's and Fitch have already announced on the UK, putting the country's AAA rating in jeopardy