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Moody's downgrades outlook for UK banking system
The UK banking system’s outlook has been downgraded by credit ratings agency Moody’s, after it cited a swathe of challenges facing lenders in the year ahead.
Shared by CityAM
December 04, 2019
Flagging the persistently low interest rate environment and a competitive mortgage market, Moody’s is forecasting a modest slide in profitability.
Read more at CityAM.