Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  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
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
Latest news
Date Title
08:51p DGAP-NEWS : Senvion Completes Successful Refinancing and Extension of its Debt Facilities
08:51p ELI LILLY AND : Lilly to Present Data for Galcanezumab for the Prevention of Migraine at the American Academy of Neurology AAN Annual Meeting
08:51p FASTENAL CO : Submission of Matters to a Vote of Security Holders (form 8-K)
08:51p HUGO GAMES A/S : Right issue resolved No. 12/2017
08:50p BorgWarner Showcases Large Electrification Portfolio at Auto Shanghai 2017
08:50p Lundin Law PC Announces an Investigation of United States Steel Corporation and Advises Investors with Losses In Excess of $100,000 to Contact the Firm
08:49p QANTAS AIRWAYS : to drop Melbourne-Dubai-London flights
08:49p CASS INFORMATION : reports 10 percent rise in first-quarter earnings
08:49p NORTH ATLANTIC DRILLING : NADL - Filing of Annual Report on Form 20-F
08:48p SAREPTA THERAPEUTICS : Scott+Scott, Attorneys at Law, LLP Reminds Investors of its Investigation of Sarepta Therapeutics, Inc. SRPT
Latest news
Hot News 
6.91%PayPal offers positive outlook, beats expectations
5.96%N BROWN : Plus-size clothing company N Brown says markets to remain tough
-4.21%CME : revenue misses on lower demand for market data services
-2.98%Lufthansa plays down further M&A after first quarter profit since 2008
3.91%DEUTSCHE BOERSE : Shareholders should ratify Deutsche Boerse board actions at AGM - ISS
Most Read News
06:11a DEUTSCHE BANK : revenue fall puts pressure on Cryan despite profit lift
04/26 Tesla hikes pay to quell unrest at key German supplier
11:50a TSX falls as big banks, energy stocks weigh
02:03a SAMSUNG ELECTRONICS : Elec flags stronger second quarter; Elliott welcomes share cancellation
01:46aDJAIRBUS : 1Q Adjusted EBIT Down 52%
Most recommended articles
04/21 TWENTY FIRST CENTURY FOX : Government extends period for regulators to report on Sky-Fox merger
02:38p CREDIT SUISSE : enlarges syndicate underwriting its 4 billion Swiss franc rights offering
02:09p ALPHABET : CEO touts results of corporate restructuring
02:03p METLIFE : to invest $1 billion in tech to reach cost-savings goals
01:59p RAYTHEON : Tomahawk missile maker Raytheon's sales rise 3.4 percent