Hidden Article
This posting has been hidden because it breaches the Indymedia UK (IMC UK) Editorial Guidelines.
IMC UK is an interactive site offering inclusive participation. All
postings to the open publishing
newswire are the responsibility of the individual authors and not of IMC UK.
Although IMC UK volunteers attempt to ensure accuracy of the
newswire, they take no responsibility legal or otherwise for the
contents of the open publishing site. Mention of external web sites or
services is for information purposes only and constitutes neither an
endorsement nor a recommendation.
Scriptonite Daily |
23.02.2013 14:53
| Analysis
| Public sector cuts
| Social Struggles
| London
| World
It was announced today that credit ratings agency Moody’s has downgraded the UK government’s credit worthiness from AAA to Aa1. This in the same week that Chancellor George Osborne was forced to admit that both the national debt and the deficit of the UK are up as borrowing this year is on the rise. Whatever damage done to UK fortunes by the credit downgrade, surely the greater peril lies in leaving this discredited chancellor in charge of the nation’s finances.
Scriptonite Daily
e-mail:
scriptonitedaily@hotmail.co.uk
Homepage:
www.scriptonitedaily.wordpress.com