SUBSIM Radio Room Forums - Autumn Statement: No miracle cure for economy

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- - Autumn Statement: No miracle cure for economy - Osborne (https://www.subsim.com/radioroom/showthread.php?t=200346)

Quote:

Originally Posted by STEED (Post 1970800)

Dropping the 3p rise on fuel dose not mean much as Opec can and will jack up the prices at the pump.

And I'm now poorer.

Plan A is not working, the crunch is extended onto 2018.

Labour says plans to squeeze benefits announced in the Autumn Statement will hit working families, as a credit agency suggests the UK's AAA rating is under threat.

[QUOTEa credit agency suggests the UK's AAA rating is under threat. ][/QUOTE]
Not surprising as plan A has missed every target he set and he just announced more plan A but for even longer.

Then the next plan should be 'AAA' surely? :)

Quote:

Originally Posted by jimbuna (Post 1971264)

Labour says plans to squeeze benefits announced in the Autumn Statement will hit working families, as a credit agency suggests the UK's AAA rating is under threat.

I'm on JSA and that 1% rise frozen for 3 years will be wiped out by the cost of living. The work programme is not working in the current form and the issues must be addressed but will they?

As for this threat from Fitch about possible withdraw of their AAA means sod all, just look at America who lost their AAA from S&P and France who lost their AAA from S&P and Moody's. Rating agency's are a bunch of morons, after all they gave AAA rating to Greece and knew dam well what was on the way.