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Business Wrap: UK GDP to fall 14%

S&P reaffirms NZ's AA+ sovereign credit rating with positive outlook despite budget deficit and debt blowout, as NZ is better off than others. UK GDP expected to crash 14 percent as BoE prints £300 billion

Thumbs up: Credit rating agency Standard & Poor's affirmed New Zealand's "AA+" sovereign rating and maintained an optimistic outlook for economic recovery over the med

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