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UK's credit rating downgraded

Britain's credit rating has been downgraded from the top AAA rating to AA1 by the Moody's credit rating agency.

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Osborne is 'trashing the UK', says Prescott

Former Deputy Prime Minister John Prescott has accused Chancellor George Osborne of "trashing the UK."

Writing in the Sunday Mirror, Prescott said:

The Bullingdon Club used to smash up restaurants for fun.

Osborne and Cameron are trashing the UK with the most reckless and idiotic act of economic vandalism this country has ever seen.

This is a Chancellor who’s been downgraded from rubbish to absolutely useless.

If Cameron can’t get rid of him it’s because his fingerprints are all over this failed plan.

– John Prescott

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