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Author Topic: Britain's Credit Rating Downgraded to Negative  (Read 322 times)

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Britain's Credit Rating Downgraded to Negative
« on: October 02, 2022, 05:51:12 AM »
Standard & Poor’s downgraded its outlook for Britain’s credit rating to “negative” from “stable”. The ratings agency said there were “additional risks” in lending to Britain following the government’s mini-budget announced last week. Meanwhile Kwasi Kwarteng, the chancellor, defended the government’s decisions. Writing in The Telegraph, he insisted his government’s economic plan is “sound, credible and will work to drive growth”. (Economist)

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John 3:16-18 ESV
For God so loved the world, that he gave his only Son (Jesus Christ), that whoever believes in him should not perish but have eternal life. For God did not send his Son into the world to condemn the world, but in order that the world might be saved through him. Whoever believes in him is not condemned, but whoever does not believe is condemned already, because he has not believed in the name of the only Son of God.

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