Log in
Login
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesHot NewsMost Read NewsRecomm.Business LeadersCalendar 

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
React to this article
Latest news
Date Title
07:17a SCAPA : *berenberg raises scapa group price target to 310 (300) pence - 'buy'
07:14a WESTAR ENERGY : 3 baby peregrine falcons on best behavior during tagging Tuesday on top of Westar Energy
07:14a ON MOVE : Galaxy and West End weekend club guide
07:14a BARCLAYS AFRICA : Small business support boost
07:13a AVEVA : *goldman raises aveva group price target to 1350 pence - 'sell'
07:13a DAIRY CREST : *goldman cuts dairy crest group price target to 545 (550) pence - 'sell'
07:13a UBM : *goldman cuts ubm plc price target to 667 (695) pence - 'buy'
07:12a COMPASS : *goldman raises compass group to 'neutral' ('sell') - target 1269 pence
07:11a ECB's Nowotny says sees no major problems from possible Brexit
07:11a MAYER : INSIDE INFORMATION (in PDF)
Latest news
Advertisement
Hot News 
CANAL PLUS : Serge Nedjar is joining CANAL Group as head of its all-news channel iTélé.
Pomerantz Law Firm Investigates Claims On Behalf of Investors of Energy Recovery, Inc. - ERII
AVEVA : *goldman raises aveva group price target to 1350 pence - 'sell'
BEST BUY : shares tumble as CFO exits, execs warn of slow summer
CHINA DISTANCE EDUCATION HLDGS : CDEL Reports Second Quarter Fiscal Year 2016 Financial Results
Most Read News
05/24 CSO CZECH STATISTICAL OFFICE : Agriculture - 1st quarter of 2016
05/24 Monsanto rejects Bayer bid, but open to more talks
Most recommended articles
01:11a ECB's Nowotny says sees no major problems from possible Brexit
12:46aDJAsia Shares Rise on Oil Price Gains
12:46aDJHuawei Sues Samsung Alleging Patent Infringement
12:33a Chinese group buys control of sports rights firm MP & Silva
12:31a EXCLUSIVE : Sanofi to unveil challenge to Medivation's board - sources