S&P

Credit rating agency Standard & Poor's has warned of the continuing negative outlook for the UK economy, but reaffirmed its triple A rating for the country.

INDIA

It is hard not to feel ever so slightly sorry for the pointy heads over at the Bank of England as they contemplate what to do next about the various quantitative easing programmes, including the Funding for Lending scheme.

The pool of government bonds rated AAA by the three main rating agencies has shrunk by more than 60% since the financial crisis, according to new analysis.

Ratings agency Moody's has downgraded the credit rating of McGraw-Hill, the parent of the world's largest ratings company, rival Standard and Poor's.

In its first ever federal enforcement action against a credit rating agency related to the financial crisis, the US government has filed a lawsuit against Standard & Poor's for allegedly rigging mortgage bond rates.

Investment strategists and asset allocation heads have labelled last week's fiscal cliff deal a ‘short-term fix', which could spark a fresh round of sovereign debt downgrades in the coming months.

UK interest rates will stay at historic lows for four more years as the economy struggles to return to normal growth levels, Citi has predicted.

Standard & Poor's has increased its rating of Greece's sovereign debt by six notches, after efforts by its eurozone neighbours to keep it in the currency union.

Standard & Poor's has become the third main credit rating agency to put the UK's AAA rating on "negative" watch.