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Uwtz After Brexit fears, Stonegate Pub Company toasts to sales growth over festive season
Wednesday 02 November 2016 11:16 amMoodyrsquo say it could downgrade the UKrsquo credit rating again if it gets a poor Brexit dealBy: Natasha ClarkShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailA stanley becher dd as a preferredsource on GoogleMoody s says itwould downgrade the UK s credit rating again if it stanley cup lost access to the Single Market in a Brexit deal.The ratings agency revealed this morning that if the UK were to get a poor Brexit deal, which would materially weaken medium-term growth and the credibility of UK fiscal policy [would be]undermined . We would downgrade the UK s sovereign rating if the outcome of the negotiations with the EU was a loss of access to the Single Market as this would materially damage its medium-term growth prospects , said Kathrin Muehlbronner, a Moody s Senior Vice President and the report s co-author. A second trigger for a downgrade would be if we were to conclude that the credibility of the UK s fiscal policy had been tarnished as a result of Brexit or other reasons. The ratings agency expects that the Autumn Statement, due on 23 November polene , will likely give significantly more clarity in this area.It said that it expects a series of accords offering access to the EU market for goods and more constrained access for services, in particular financial services, and stressed that the scale of the impact of Brexit would depend on the deal.Moody s says that the loss of passporting rig Ppen Redrow chairman ups stake after fundraising
Wednesday 29 August 2012 polene bag 7:55 pm|Updated:Wednesday 29 May 2019 7:42 pmFerragamo hails robust half-yearBy: KCS-contentShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleItalian shoemaker Salvatore Ferragamo yesterday shrugged off concerns that Europersquo financial turmoil is starting to take its toll on the luxury goods markets, as it posted a 22.5 per cent rise in first-half net profits. Net profit rose to euro;55.9m in the period, including minority interest profit for euro;11.1m. Sales in the period rose nearly 23 per cent to euro;565.1m, boosted by well-heeled travellers shopping in Europe and the grouprsquo large retail presence in China. Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: SectionsNewsCategoriesBusinessTrending ArticlesLabour will regret the Rentersrsquo; Rights ActUK at lsquo;greatest riskrsquo; of jet fuel shortage as flights to be cancell stanley cup edJet fuel shortage looms as government scrambles to secure suppliesAfter Santanderrsquo; stanley canada s TSB takeover ndash; who are the top players in UK banking Clairersquo Accessories to launch UK high street comebackMore from City AMComputacenter shares jump as FTSE 250 firm lifts profit forecastMarketsEstithmar Holding Reports 97% Surge YoY in Q1 2026 in Net Profit to QAR 333 MnBusiness WireBeauty Tech Group profits jump following London IPOTechJP Morgan and Goldman Sachs to lead Wall Street |
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