Summary
The FTSE 100 Index slumped more than two per cent yesterday after markets across the globe were shocked by a downgrade of the US government's debt outlook.
Key credit ratings agency Standard & Poor's (S&P) cut the US's outlook to negative from stable following concerns that the Government will not be able to agree a plan to reduce the growing national deficit.See the full content of this document
Extract
; Today in the City
The shock report raised fears the world's biggest economy could lose its AAA credit rat...
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