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

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
Latest news
Date Title
12:33a PLANET FITNESS : The Joplin Globe, Mo., Wally Kennedy column
12:19a Y&R : Network Is Recognized With 98 Lions Across 26 Countries And 20 Categories
12:14a MAYORS SAY : Look to cities for inspired leadership and real results in the face of deep national frustration with washington
12:09a INTERNAL DOSSIER CRITICISES AUDI TOP MANAGEMENT : Bild
12:09a HB GRANDI : A fantastic ship
12:04a Internal dossier criticises Audi top management - Bild
12:03a Lufthansa wants to help, not take over, Air Berlin - Bild
06/24 REPSOL YPF : Economic Conditions Argentina
06/24 MOODY : Economic Conditions Barbados
06/24 RAYONIER ADVANCED MATERIALS : Honors go to Rayonier, O'Quinn, Denison, Graham
Latest news
Advertisement
Hot News 
18.96%IMAGINATION TECHNOLOGIES : U.K. Chip Designer Puts Itself on Block -- WSJ
-5.33%GLOBAL LOGISTIC PROPERTIES : Says It Remains in Talks With Shortlisted Bidders
-12.28%BlackBerry misses sales forecasts, shares tumble
-1.23%Harley-Davidson Discussing Purchase of Italian Rival Ducati From VW
1.40%BOEING : Is Top Seller at Paris Air Show -- WSJ
Most Read News
06:04p Internal dossier criticises Audi top management - Bild
06:09p HB GRANDI : A fantastic ship
06:03p Lufthansa wants to help, not take over, Air Berlin - Bild
06:19p Y&R : Network Is Recognized With 98 Lions Across 26 Countries And 20 Categories
06:33p PLANET FITNESS : The Joplin Globe, Mo., Wally Kennedy column
Most recommended articles
06:09p INTERNAL DOSSIER CRITICISES AUDI TOP MANAGEMENT : Bild
06:03p Lufthansa wants to help, not take over, Air Berlin - Bild
01:37p RAYTHEON : CEO of Raytheon's Forcepoint eyes IPO - Boersen-Zeitung
12:07p Volkswagen's Slovak union says close to wage deal to end strike
09:09a Even with Whole Foods, Amazon would need many more warehouses to reshape grocery delivery