Monday, February 25, 2013

Osborne 'is in denial' at loss of AAA rating

GEORGE Osborne has been labelled as the "downgraded Chancellor" and accused of being in "complete denial" over the loss of the UK's prized AAA credit rating.

Shadow chancellor Ed Balls yesterday claimed his opposite number was "just making it up as he goes along" and piled on the humiliation by reciting the Government's own words on the importance of the rating.

He told the Mr Osborne to get "out of denial" and come up with a new plan for jobs and growth.