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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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Osborne: Credit rating just one indicator of financial health

With Britain set to miss its debt target, the international ratings agency Fitch warned our top credit rating of AAA could be at risk. But, despite the warning, George Osborne said it wasn't the only measure of a country's financial health.

It wouldn't be a good thing but the credit rating is one of a number of ways in which people look at countries.

– Chancellor George Osborne SPEAKING TO BBC BREAKFAST

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