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AAA credit rating gone.

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By *nny OP   Man
over a year ago

Glasgow

The UK has had its AAA credit rating cut by Moody's, based on its expectation that growth will "remain sluggish over the next few years".

The ratings agency became the first to lower the UK from its highest rating, to Aa1.

Moody's said that the government's debt reduction programme faced significant "challenges" ahead.

Chancellor George Osborne said the decision was "a stark reminder of just how useless I am""

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By *reelove1969Couple
over a year ago

bristol

ok ..

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By (user no longer on site)
over a year ago

No worries.... This country has run perfectly satisfactorily for years with just the AA....

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By (user no longer on site)
over a year ago


"No worries.... This country has run perfectly satisfactorily for years with just the AA...."

thats debateable ...... they nearly got me wiped out !!!!!!

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By *icketysplitsWoman
over a year ago

Way over Yonder, that's where I'm bound

I can't believe the George gave any indication that he may have got it wrong.

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By (user no longer on site)
over a year ago


"I can't believe the George gave any indication that he may have got it wrong."

Oi....!!! My Giraffe has nothing to do with this country's rotten finances....

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By (user no longer on site)
over a year ago


"No worries.... This country has run perfectly satisfactorily for years with just the AA...."

Damn you!

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By *hetalkingstoveMan
over a year ago

London

Wow, it's almost like austerity is a bad idea! And lots of people were saying that all along but George wouldn't listen!

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By *nny OP   Man
over a year ago

Glasgow


"Wow, it's almost like austerity is a bad idea! And lots of people were saying that all along but George wouldn't listen!"

Osborne is merely one of the Three Stupid Monkeys.

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By (user no longer on site)
over a year ago


"Wow, it's almost like austerity is a bad idea! And lots of people were saying that all along but George wouldn't listen!

Osborne is merely one of the Three Stupid Monkeys."

See no sense

Hear no sense

Speak no sense?

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By *nny OP   Man
over a year ago

Glasgow


"Wow, it's almost like austerity is a bad idea! And lots of people were saying that all along but George wouldn't listen!

Osborne is merely one of the Three Stupid Monkeys.

See no sense

Hear no sense

Speak no sense?"

You might very well think that; I couldn't possibly comment.

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By (user no longer on site)
over a year ago

They will simply impose more taxes on the poor and remove more benefits from the disabled while giving bonuses to the super rich.

Well that's all the tories have done so far and they swear it works.

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By *nny OP   Man
over a year ago

Glasgow

The Fitch credit ratings agency has downgraded the UK to AA+ owing to a weakened economic outlook.

The move, after Moody's downgrade in February, came as Chancellor George Osborne defended the government's austerity plan.

Fitch said its downgrade primarily reflected a weaker economic and fiscal outlook.

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By *ouple in LancashireCouple
over a year ago

in Lancashire

and the IMF waking up to the realisation that Osborne dont know his arse from his elbow..

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By (user no longer on site)
over a year ago


"and the IMF waking up to the realisation that Osborne dont know his arse from his elbow.."

But carry on regardless, after all what does Moody's, Fitch and the IMF know?

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By (user no longer on site)
over a year ago


"The UK has had its AAA credit rating cut by Moody's, based on its expectation that growth will "remain sluggish over the next few years".

The ratings agency became the first to lower the UK from its highest rating, to Aa1.

Moody's said that the government's debt reduction programme faced significant "challenges" ahead.

Chancellor George Osborne said the decision was "a stark reminder of just how useless I am""

"

So that was what he was blubbing about the other day at the funeral.

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By *ouple in LancashireCouple
over a year ago

in Lancashire


"The UK has had its AAA credit rating cut by Moody's, based on its expectation that growth will "remain sluggish over the next few years".

The ratings agency became the first to lower the UK from its highest rating, to Aa1.

Moody's said that the government's debt reduction programme faced significant "challenges" ahead.

Chancellor George Osborne said the decision was "a stark reminder of just how useless I am""

So that was what he was blubbing about the other day at the funeral.

"

the tears were all pat of his rebranding..

talking like one of the guys at the distribution plant the other week..

one might think he's heard whispers about how arrogant some of his own think he is..

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By *rumCoupleCouple
over a year ago

birmingham

Are these the SAME ratings agencies who told us US subprime debt was AAA+ rated ?

If so, I would suggest their ratings are as valid as Psychic Sallys.

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