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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Prince William and Kate have announced they are to become 'full-time' Royals as they move their family back to London from Norfolk.
Jobs for Americans, a strengthened military, new trade deals and support for police will shape Donald Trump's four years in government.
Donald Trump pledged to put "America first" as he addressed the nation after being sworn in as the 45th president of the United States.