Top agency says UK councils will weather financial storm

摘要

The UK's local government will withstand the economic pressures during 2010, according to the top international credit rating agency.International ratings agency Standard & Poor reviewed the financial health of local government in 22 European countries, and gave the UK a clean bill of health.UK central government finances are under close scrutiny following last year's banking bailouts, but local authorities were marked as being 'broadly stable', in line with the sector's 'generally-healthy credit quality', and despite continued pressure on finances.