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After Brexit vote, ratings agencies rip into UK’s credit score

S&P's strips Britain of its last remaining top-notch credit rating, dropping it by two grades from 'AAA' to 'AA' and warns more downgrades could follow

2 min read28 Jun 2016

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The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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