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

4-Traders Homepage  >  News


Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

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

02/22/2013 | 06:44pm US/Eastern

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)

React to this article
Latest news
Date Title
03:09p ALLIANZ SE : Kogi - PDP House Caucus Asks Agf to Withdraw Pronouncement On Substitution of Candidate
03:09p PORSCHE AUTOMOBIL SE : Stig Wins 2015 Safari Classic Rally Crown
03:04p FEDEX : meteorology staff guides global fleet of planes and trucks
03:00p BAKER HUGHES : U.S. rig count declined by 13 this week to 744
03:00p SANOFI : Boston Pharma appoints ex-Pfizer and Sanofi executives
03:00p NORTHVIEW APARTMENT REIT : Real Estate Investment Trust : Analysts Recent Ratings Changes
02:59p MANCHESTER UNITED : Leicester City v Manchester United: Premier League – as it happened
02:39p HONEYWELL : Federal Contracts Awarded to Companies in Arizona (Nov. 28)
02:39p LOCKHEED MARTIN : Federal Contracts Awarded by Federal Agencies in Virginia (Nov. 28)
02:11p NEDBANK : MEC Jacob Mamabolo Calls for Stronger Relationship Between Nedbank and Government
Latest news
Hot News 
OPPORTUNITY INVEST MGMT : 27 november 2015 - Announcement AGM on 22 december 2015
ATLANTIS RESOURCES : Tidal generating firm announces long partnership for investment by Gordon Calder
CYTOTOOLS : berichtet über Ergebnisse der europäischen klinischen Studie Phase III: Resultate der Behandlung des diabetischen Fußes mit DermaPro(R) bestätigen nicht die Ergebnisse der vorangegangenen Studien (DGAP News)
STOCK SPIRITS : Further Downgrades Earnings Guidance For 2015
IMAGINATION TECHNOLOGIES : Sir Hossein Yassaie receives 2015 Lifetime Achievement Award in annual Elektra European Electronics Industry Award...
Most Read News
04:51a NIOC NATIONAL IRANIAN OIL : Iran’s Largest Oil Investement Event Opens
11/27 RESEARCH AND MARKETS : Rotavirus Infections Therapeutic Development - Pipeline Review & Analysis, H2 2015
07:37a NIOC NATIONAL IRANIAN OIL : On the sidelines of Tehran Summit: Oil Moguls Eying on Irans 50 Investment Opportunities
03:55a EUROPEAN COMMISSION : Antitrust: new Commission Guidelines on joint selling of olive oil, beef and veal, and arable crops
11/27 RESEARCH AND MARKETS : Acute Renal Failure (ARF) (Acute Kidney Injury) - Pipeline Review & Analysis, H2 2015
Most recommended articles
10:23a DEUTSCHE LUFTHANSA : Lufthansa agrees on pay with ground personnel - Verdi union
10:15a EUR/USD Prepares for its Most Important Week in Months (If Not Years!)
05:45aDJWill Black Friday Deals Give a Boost to Car Sales?
02:48aDJBrazil Plans Suit On Dam Breach, Toxins In River
02:48aDJToshiba Mulls Sale Of Chip-Unit Stake