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UK loses credit rating

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UK loses credit rating
uks Offline
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#1
23 February 2013, 09:00
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Scythe13 Offline
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#2
23 February 2013, 12:01
I don't know whether the UK has become less credit worthy, or whether the ratings companies have finally come up to date with what's going on.

I think, the latter.
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Those who sacrifice freedom for security deserve neither - Benjamin Franklin
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bigpaul Offline
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#3
23 February 2013, 12:37
i dont think it will make any difference, especially to govt policy.
Some people that prefer to be alone arent anti-social they just have no time for drama, stupidity and false people.
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Ghost Offline
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#4
23 February 2013, 13:47
I don't think this will impact the average person, but I could be wrong!
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MaryN Offline
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#5
23 February 2013, 15:07
The main impact would be to increase the cost of Government borrowing, which would increase the debt burden of this country. No immediate impact on the normal person in the street, but longer term the Government might have to put into place further austerity measures to try and reduce the ever-climbing debt.
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bigpaul Offline
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#6
23 February 2013, 15:12
(23 February 2013, 15:07)MaryN Wrote: the Government might have to try and reduce the ever-climbing debt.

well they could always start by reducing their substancial salaries, but i wont hold my breath Big Grin
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MaryN Offline
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#7
23 February 2013, 15:25
(23 February 2013, 15:12)bigpaul Wrote:
(23 February 2013, 15:07)MaryN Wrote: the Government might have to try and reduce the ever-climbing debt.

well they could always start by reducing their substancial salaries, but i wont hold my breath Big Grin

Fat chance of that!
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bigpaul Offline
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#8
23 February 2013, 15:31
(23 February 2013, 15:25)MaryN Wrote:
(23 February 2013, 15:12)bigpaul Wrote:
(23 February 2013, 15:07)MaryN Wrote: the Government might have to try and reduce the ever-climbing debt.

well they could always start by reducing their substancial salaries, but i wont hold my breath Big Grin

Fat chance of that!
no cant see it happening.
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Highlander Offline
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#9
23 February 2013, 20:50
Did you know that out of the 30 members of the government 28 of them are millionaires?
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MaryN Offline
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#10
23 February 2013, 20:53
(23 February 2013, 20:50)Highlander Wrote: Did you know that out of the 30 members of the government 28 of them are millionaires?

Now why doesn't that surprise me!
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