Fitch gives a thumbs down for Osborne

[BlasterBates]

Just isn't good enough:

Government plans to cut the deficit 'distinctly weak', says Fitch ratings agency - Telegraph

The UK must try harder.....

[shaunbhoy]

Just isn't good enough:

Government plans to cut the deficit 'distinctly weak', says Fitch ratings agency - Telegraph

The UK must try harder.....

I say we follow the Spanish model and introduce an immediate 5% pay cut for all public servants.

[threaded]

I say we follow the Spanish model and introduce an immediate 5% pay cut for all public servants.

still won't be enough.

[shaunbhoy]

still won't be enough.

Okay.........15% then.............you see? Now you're getting it.........this haggling!

[BlasterBates]

They were discussing the german cuts on German TV, still peanuts, and they're bigger than the UK cuts.

The only way out is through hefty cuts a la Ireland/Spain/Portugal etc etc, a spot of growth wouldn't go amiss. The really big problem is the looming retirement from the baby boomers, not just the UK but everywhere. This could be phase 3 of the financial crisis.

[Churchill]

I say we follow the Spanish model and introduce an inquisition...

NOBODY expects the Spanish Inquisition! Amongst our weaponry are such diverse elements as: fear, surprise, ruthless efficiency, an almost fanatical devotion to the Pope, and nice red uniforms - Oh damn! I can't say it - you'll have to say it.

Cardinal Fang!!! Fetch the "Comfy Chair"!!!