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UK credit rating 'at risk'

The credit rating agency Fitch has warned that the Chancellor's confession during the Autumn Statement that he missed its debt target could threaten the UK's AAA rating. But George Osborne has downplayed the impact potential if that happened.

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BCC: 'Radical' measures needed to end 'sluggish growth'

John Longworth, Director General of the British Chambers of Commerce, told ITV News the government would need to take "radical" measures in a bid to end the "long term sluggish growth".

John Longworth, Director General of the British Chambers of Commerce. Credit: ITV News

He called on the Chancellor to deliver "massive infrastructure development" and a "restructuring of business finance in the UK".

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