George Osborne has said Moody's message is "explicit" to carry on with austerity.
He says "we can either abandon our efforts to deal with debts" or we can "redouble our efforts" and make a brighter future for our children.
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A Labour MP opposed to Jeremy Corbyn just texted me: he has until next year to prove he can win the General Election in 2020.
21-year-old Ross Greer has been elected as the youngest-ever Member of the Scottish Parliament (MSP), representing the Green Party.
Major changes are expected to be unveiled at the secretive state's rare Congress meeting - but journalists were shut out as it got underway.