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    Ken Clarke attacks Osborne over AAA rating loss.

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    papa_umau
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    Ken Clarke attacks Osborne over AAA rating loss.

    Post by papa_umau on Mon 25 Feb 2013, 11:44 am

    "Britain will take years to earn back AAA rating", says Ken Clarke, ( Tory Minister Without Portfolio ), as City experts warned that the pound is looking “vulnerable”.

    There is a fear that the already-weak pound could fall further against major currencies and Britain might have to pay higher interest rates, after Moody’s, the credit-ratings agency, downgraded the UK. This rating is an indicator of how creditworthy Britain is considered by the rest of the world.

    Read more about this HERE in the online Telegraph.

    AND.... Osborne's not for turning.... YET.




    What do you folks think Osborne should do ?


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    Papa......


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    zathrus
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    Re: Ken Clarke attacks Osborne over AAA rating loss.

    Post by zathrus on Thu 28 Feb 2013, 12:17 pm

    Ken Clarke has always been a thorn in the side of the party leaders as he is not pleased that he did not get the premiership a lot of years ago.

    Mind you, even as a Tory-hater, ( as I am ), I have always had a sneaking respect for old Ken.

      Current date/time is Mon 26 Jun 2017, 8:07 am