Fitch revises United Kingdom’s outlook to ‘stable’ on easing policy risks

Global ratings agency Fitch revised the United Kingdom’s sovereign credit outlook to “stable” from “negative” on Friday, citing easing economic policy risks, and affirmed its sovereign credit rating at “AA-“. The outlook revision comes after Britain’s economy rebounded to growth in January from a shallow recession in the second half of 2023, driven by a resurgence in retail…