UK's Fiscal Position Remains Vulnerable After Tax-Raising Budget

UK's Fiscal Position Remains Vulnerable After Tax-Raising Budget

First seen 28 Nov 2025, 12:35 UTC •Uk.Finance.YahooReuters •24.3

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S&P Global Ratings has stated that the UK's fiscal position is vulnerable following finance minister Rachel Reeves' recent tax-raising budget. The agency highlighted that this vulnerability is a key constraint on the UK's sovereign credit rating, which currently stands at 'AA', one notch below the top 'AAA' rating.

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