News Headline Summary

S&P's Kraemer sees subdued UK growth prospects in the medium term

- Subdued growth makes UK targets harder.
- UK downgrade isn't foregone conclusion.

Update details:

- Yesterday S&P revised the UK's sovereign credit outlook down to negative from stable; current rating is AAA.

Print 11:39, 14 Dec 2012 - Rating Agency comments - Source: Newswires