Does missing the Government's debt target matter? One of the ratings agencies that Chancellor George Osborne says we have to keep onside says it does. Fitch says it "Weakens the credibility of the UK's fiscal framework, which is one of the factors supporting the [AAA] rating".
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.