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Fitch says France and UK fiscal positions are weaker amid higher deficits; government are more sensitive to energy prices and expects energy support measures to challenge finances in both countries

Newsquawk Staff ·

Fitch says France and UK fiscal positions are weaker amid higher deficits; government are more sensitive to energy prices and expects energy support measures to challenge finances in both countries.

What it means

Fitch's comments on France and the UK signal a notable deterioration in fiscal health, primarily due to rising deficits and heightened sensitivity to energy prices. This could imply increased scrutiny from investors, affecting credit ratings and potentially leading to higher borrowing costs, as governments might struggle to sustain energy support measures amidst fiscal pressures.

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