Osborne braced for rating reaction

Updated
George Osborne
George Osborne

George Osborne is braced for financial markets to deliver their first reaction to Britain's loss of its prized AA credit rating.


Ministers and senior party figures have rallied round the Chancellor in the wake of the decision by agency Moody's, predicting it will have little impact on the Government's borrowing costs.
%VIRTUAL-SkimlinksPromo%

Advertisement