Sir Jim Ratcliffe’s Ineos has been downgraded to Fitch’s BB- rating - Nicola Campo/LightRocket via Getty Images Billionaire Sir Jim Ratcliffe is facing higher borrowing costs at his Ineos empire after the group’s credit score was cut for the second time in two years. Fitch, the ratings agency, on Tuesday downgraded the creditworthiness of Sir Jim’s company amid concerns about its soaring debt levels and weakness in the global chemicals market. The downgrade to Fitch’s BB- rating marks the second time In ...