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HL HL3642

Economic Situation

answeredUnited Kingdom· UK Parliament· EN

Introduced

26 March 2024

Last action

8 April 2024 · Answer

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Answered

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Discovery layer

Source updated

8 April 2024

Summary

To ask His Majesty's Government, following the revision to the UK's sovereign credit outlook by global ratings agency Fitch from negative to stable, what assessment they have made of the impact of this on the UK's standing in (1) global trade, and (2) inv

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Timeline

  1. 26 March 2024

    Written question

    To ask His Majesty's Government, following the revision to the UK's sovereign credit outlook by global ratings agency Fitch from negative to stable, what assessment they have made of the impact of this on the UK's standing in (1) global trade, and (2) inv

    Source: Lords

  2. 8 April 2024

    Answer

    On the 22nd of March 2024 Fitch returned the UK’s rating to AA- with a stable outlook, meaning all three major credit ratings agencies now indicate that the UK has a stable outlook.This is further evidence that the economy is turning a corner. Inflation h...

    Source: Written answer

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