(Reuters) - Ratings agency Fitch maintained United Kingdom's sovereign debt rating at 'AA-' on Friday, citing a high-income, diversified and flexible economy.
The agency affirmed its outlook at 'stable'. It expects the UK economy to decelerate to 3.8% this year
Fitch said UK's tight labour market will drive strong wage growth and fiscal support measures from the government will partly cushion household incomes in the country.