Tuesday, June 8, 2010
More aggressive cuts then?
The Government has been issued with a veiled warning that Britains AAA credit rating is still at risk because of its distinctly weak deficit cutting targets. In a blow to George Osborne, the ratings agency Fitch said there was a real danger the Coalition would not do enough over the medium term to sufficiently reduce the Â£156bn deficit. Giving a clear signal that it wants to see a detailed plan for deeper cuts in the emergency Budget on June 22