On Friday, Aug. 14, Fitch maintained the United Kingdom's sovereign credit ratings at "AA-" with a "stable" outlook.
The global ratings agency said in its report: "UK's ratings are supported by its high-income, large, diversified and flexible economy, credible macroeconomic policy framework, and financing flexibility from deep capital markets and sterling's international reserve currency status."
Official data showed the UK economy unexpectedly grew by 0.3% in June as companies enjoyed a respite from the energy price surge caused by the Iran war, the start of the men's soccer World Cup and hot weather.
The stronger reading offers some encouragement for Prime Minister Andy Burnham, who took office in July after Keir Starmer's resignation, but he still faces an array of challenges, including worries about fiscal discipline and the lingering effects of the Iran war.
"His more commanding position within the ruling Labour Party, and higher public approval ratings should support greater political stability for the remainder of this parliamentary term," Fitch said.
The ratings affirmation follows peer S&P's similar action in April and Moody's in November 2025.
(Reporting by Unnamalai L in Bengaluru; Editing by Shilpi Majumdar)
