NEW YORK Nov 14 Moody's Investors Service will
revisit the United Kingdom's Aaa rating in early 2013, the
credit ratings agency said on Wednesday, warning about the weak
economy and the euro zone's debt crisis.
The rating and its negative outlook are underpinned by
"significant structural strengths," Moody's said in a statement
on its annual credit report on the UK.
But government efforts to cut the debt "are being hampered
by weaker economic prospects as well as by the risks posed by
the ongoing euro area sovereign debt crisis," Moody's said.
"Although these challenges are currently reflected in the
negative outlook on the UK's sovereign rating, Moody's will
revisit the Aaa rating and outlook in the first few months of
2013 to assess the impact of these challenges and of the
government's upcoming autumn Statement," Moody's added.