Ratings agency Fitch commends banking sector and economic growth but raises concerns over deficit and London property
There have been fresh warnings about the housing market after the ratings agency Fitch kept the UK below its top credit score.
The UK lost its coveted AAA rating last year and in an update on Friday, Fitch said it was keeping the country on AA+. The ratings agency said the banking sector was in better shape and economic growth was solid but the deficit was still too high and there were growing risks around an increasingly hot housing market, particularly in London.
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