Ratings agency Standard & Poor's has retained an AAA sovereign credit rating for the UK but says there is still a one in three chance of a downgrade next year.
The FTSE 100 was lower once again during afternoon trading as the blue chip index continues to retreat from its recent peak above 6,800.
Skill or luck?" the marketing director of an asset manager asked me recently about a former top fund manager he has worked with.
Standard & Poor's has cut the credit ratings of Barclays, Credit Suisse and Deutsche Bank due to "uncertain market conditions".