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Debt crisis: Moody's downgrade of Britain's banks to hit families

Publié par Clifford Armion le 22/06/2012

James Kirkup

Moody’s, a leading international ratings agency, on Thursday night cut its scores for Barclays, Lloyds and Royal Bank of Scotland because of the eurozone crisis.
Senior politicians warned the banks not to use the downgrade as an excuse to charge more for borrowing on the high street.
The downgrade coincided with a warning from the CBI, Britain’s biggest business group, that the fragile economic recovery was at risk of being “choked off by a lack of finance”.
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"Debt crisis: Moody's downgrade of Britain's banks to hit families", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), juin 2012. Consulté le 28/09/2020. URL: http://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/debt-crisis-moody-s-downgrade-of-britain-s-banks-to-hit-families