George Osborne insists he won't change course despite credit rating downgrade

Written By Unknown on Saturday, 23 February 2013 | 11:58

The chancellor has insisted that he will not change march notwithstanding a hillside of Britain’s credit rating in that he invested good domestic collateral in maintaining.

George Osborne pronounced Britain’s conditions would get really most worse if a supervision altered march after Moody’s altered Britain’s rating from AAA to AA1. The chancellor pronounced formerly a rating agency’s triple-A rating was an publicity of his purgation policies.

As distant behind as Feb 2010, he told an assembly of Tory activists: “What financier is going to come to a UK when they fear a hillside of a credit rating and a fall of confidence?” In a Tory manifesto, published weeks later, he said: “We will guarantee Britain’s credit rating with a convincing devise to discharge a bulk of a constructional necessity over a parliament.”

Ed

Read full article: http://www.independent.co.uk/news/world/europe/vatican-spokesman-father-federico-lombardi-criticises-rumours-surrounding-popes-resignation-8507223.html


Source:
http://www.news.ezonearticle.com/2013/02/23/george-osborne-insists-he-wont-change-course-despite-credit-rating-downgrade/

0 comments:

Post a Comment