Fitch keeps Bank of England on review

Fitch Ratings said it maintained the Bank of England's AA long-term foreign currency issuer default rating on rating watch negative.

“The BoE's long-term issuer default rating is directly aligned with that of the U.K. government,” the agency said in a news release.

“The BoE is the monetary arm of the U.K. sovereign and as such its credit profile is aligned with that of the sovereign government.”

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