Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  News  >  Economy & Forex  >  All News

News : Economy & Forex

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
All NewsEconomyCurrencies / ForexEconomic EventsPress releases

UK's Osborne says AAA downgrade is reminder of debt problems

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/23/2013 | 12:44am CEST

British finance minister George Osborne vowed to press on with the government's economic plans on Friday after Moody's Investors Service cut Britain's credit rating to AA1 from AAA.

"Tonight we have a stark reminder of the debt problems facing our country - and the clearest possible warning to anyone who thinks we can run away from dealing with those problems," Osborne said in a statement.

"Far from weakening our resolve to deliver our economic recovery plan, this decision redoubles it."

(Reporting by Michael Holden)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news "Economy & Forex"
09:37a NIGC NATIONAL IRANIAN GAS : Italian Energy Giant Signs Gas Deal with Iran Firms
08:23a China says jobless rate lowest in years, but challenges persist
08:21a Women the mystery ingredient in Australia's jobs feast
07:07a FROM PROFITABILITY TO PROSPERITY : How Hoteliers can Start Thinking about ‘Sustainability’ into Their Business
06:59a China property sales will slow in fourth quarter, prices stable-housing minister
06:37a NEW ZEALAND POLICE : Rockfall on State Highway Two, Karangahake Gorge
05:37a USAFL UNITED STATES AUSTRALIAN FOOTBALL LEAGUE I : Surf and Turf -- Day 1 at the USAFL Nationals
05:22a China says needs to create jobs for 15 million people every year
05:17a STATE GOVERNMENT OF QUEENSLAND : Premier unveils $50 power bill savings and power price pledge
04:17a CENTRAL PEOPLE GOVERNMENT OF PEOPLE RE : China plays major role in global economic integration
Latest news "Economy & Forex"
Advertisement