S&P has also put the Bank of England's own AAA rating on negative watch. That has got to hurt.
The Treasury says that Standard & Poor's endorse the Government’s "strong commitment to implementing the fiscal mandate".
But they won't like this from S&P: "The Government's efforts over next few years to engineer planned correction in the UK's accounts will likely drag on growth."
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The 17-year-old was trapped for 30 hours in Australian shrubland but there was no report of a road accident to help the search.
The expansion of the probe came as Jeremy Corbyn declared Carillion's demise a "watershed moment" that should end "rip-off privatisation".
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