MOODY’S DOWNGRADES VENATOR MATERIAL plc SIGNAL INCREASING PROBABILITY OF DEFAULT
Moody’s Investors Service (“Moody’s”) has downgraded the Corporate Family Rating (“CFR”) of Venator Materials plc (“Venator”) to Caa1 from B2, the Probability of Default Rating (“PDR”) to Caa1-PD from B2-PD and the company’s Speculative Grade Liquidity Rating (“SGL”) to SGL-4…
UK FOOD RETAILER CREDIT RATING DOWNGRADED
Moody’s Investors Service (“Moody’s”) has today downgraded the corporate family rating (CFR) and the probability of default rating (PDR) of Market Holdco 3 Limited, a holding company formed to effect the acquisition of Wm Morrison Supermarkets Limited (Morrisons), to B2…
What do we do with a drunken sailor?
On this chart, UK Inflation Expectations stand at 6.1% On this chart, UK Inflation Expectations have risen to 5.6% in February, as CPI Inflation increased to 10.4%. Important to notice in the chart, that Inflation Expectations are at the highest…
UK INFLATION RISES TO 10.4% WITH FOOD INFLATION SURGING TO 18%
As expected the UK CPI Inflation measure increases to 10.4%. This will make sure that the OBR and Exchequer 2.9% target goes out of the window as plain baloney. The last time Inflation was so high was in the 1970s…