Gran Bretaña - Standard and Poor's
7 may 2010

LONDON (Standard & Poor's) May 7, 2010?Standard & Poor's Ratings Services said today that following the general election, its views on the U.K.'s sovereign creditworthiness are unchanged.

The long-term sovereign rating remains 'AAA' with a negative outlook and, as we have said previously, we expect to review the rating after we have assessed the details of the new government's medium-term fiscal strategy. We expect this review to be completed by the end of the year.

The complexion of the new government is not, in itself, a rating factor for us. Instead, our focus is on whether the government's fiscal consolidation plan to be unveiled in due course is likely or not, in our view, to put the U.K. government debt burden on a secure downward trajectory over the medium term.