Island's score now in line with the UK
The Treasury Minister says he was not surprised to see the Island's credit rating downgraded - but insists it doesn't show the full economic picture.
Investment analysts Moody's have revised our score to Aa2 stable from Aa1 negative, in line with the UK.
Continuing uncertainty over the Britain's exit negotiations with the European Union are being blamed.
Alf Cannan says the decision was inevitable:
Hopes DOI and striking bus drivers could meet
Unite the Union members are about to enter a third round of industrial action
Blocked gullies found to be cause of Castle Street flood
Problems 'not linked to the sewerage system'
'Only a very small number' needing support cashing benefits cheques
Minister confident those yet to cash cheques can access payments
Samantha Barks throws support behind wind turbine petition
'Many of us believe this would permanently change the character of our Island'
Fire and Rescue Service respond to HGV incident
Driver was trapped due to injuries sustained in the collision
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