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UK financial firms downgraded by Moody's rating agency

By: Yossel in GREAT BRITAIN | Recommend this post (0)
Fri, 07 Oct 11 5:34 PM | 285 view(s)
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7 October 2011 Updated at 05:50 ET

UK financial firms downgraded by Moody's rating agency

Shares in Royal Bank of Scotland have opened down following the downgrade

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What is a rating agency?

Moody's has downgraded the credit rating of 12 UK financial firms including Lloyds TSB, RBS, Nationwide and Santander UK.

link-
http://www.bbc.co.uk/news/business-15211230




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