This is yet another blow to a downgraded Chancellor who made keeping the confidence of the credit rating agencies the number one test of his economic policy.
What really matters are the economic realities which Fitch are responding to including, as their statement says, ‘the persistently weak performance of UK growth’.
George Osborne’s plan has catastrophically failed on growth, living standards and the deficit.
But instead of a change of direction and action to kickstart the flatlining economy all we got this week was more of the same failing policies.
That’s why this more of the same Budget will be remembered as a wasted chance to change course before it was too late.
More top news
A senior health official has called for vitamin supplements for children amid warnings over a rickets 'epidemic'.
The former Top Gear also revealed his cancer scare just two days before the fracas which led to his sacking.
Tonight will start off clear in many areas, but cloud will increase from the east overnight, bringing some light and patchy rain.