Balls: Statement response 'like doing a wedding speech'

The Shadow Chancellor Ed Balls told ITV1's Daybreak that giving a response to the Autumn Statement was "like doing a wedding speech when you don't know either the bride or the groom".

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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.