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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The Spaniard has overseen 10 straight victories since taking charge at the Etihad Stadium, including a derby win over Manchester United.
Mary Berry has "absolutely no plans to retire", despite reports she only intends to work for another year, her agent has said.
China has started searching for extraterrestrial life with the 'world's largest telescope' which measures half a kilometre in diameter.