Fitch reacts to U.K Chancellor Osborne's Autumn statement at which he confirmed the stagnant...

|By:, SA News Editor
Fitch reacts to U.K Chancellor Osborne's Autumn statement at which he confirmed the stagnant economy has made a hash of government deficit goals. While applauding the redoubling of efforts to cut the deficit, Fitch notes the math just got a lot worse. "The capacity of U.K. public finances to absorb adverse economic and financial shocks ... while retaining its 'AAA' status has largely been exhausted."