Island's score now in line with the UK
The Treasury Minister says he was not surprised to see the Island's credit rating downgraded - but insists it doesn't show the full economic picture.
Investment analysts Moody's have revised our score to Aa2 stable from Aa1 negative, in line with the UK.
Continuing uncertainty over the Britain's exit negotiations with the European Union are being blamed.
Alf Cannan says the decision was inevitable:
Lessons learned after snow day confusion
More than 100 firearms surrendered
Planning application to extend TT hospitality tent for new Food and Drink Festival submitted
'No tangible positives' achieved by public sector integrity line, says trade union
