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The downgrading by Wilson was recognised by other providers, and apparently admitted by Wilson.
The alternative would have been to risk a downgrading by rating agencies.
But oil stocks fell on a sector downgrading by J. P. Morgan.
The report's publication coincided with the downgrading by Moody's of the credit of the State of Illinois to the A level from double-A.
Clarke appears to be in surprisingly good spirits considering his recent downgrading by David Cameron, from lord chancellor to the more nebulous role of "minister without portfolio".
The Liberty Media Corporation's debt was placed under review for a possible downgrading by Moody's Investors Service yesterday after the company said it might seek acquisitions or return equity to shareholders.
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would be further downgraded by ratings agencies.
downgrade by the Nobel Prize-winning economist and Times columnist Paul Krugman.
Greece had already been downgraded by Standard & Poor's.
Housebuilders were hit by a downgrade by UBS.
Latvia's credit rating was downgraded by Standard & Poor's.
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CEO of Professional Science Editing for Scientists @ prosciediting.com