Osborne in 2009: We must “sit up and listen”; 2012: ‘plays down threat’ to AAA rating
In 2009, George Osborne said we need to “sit up and listen” to the threat to the UK’s AAA rating; today, he has tried to ‘play down the threat’ to our rating.
In 2009, George Osborne said we need to “sit up and listen” to the threat to the UK’s AAA rating; today, he has tried to ‘play down the threat’ to our rating.
Alex Hern reports on the calls from the Party of European Socialists to regulate the credit ratings agencies, and considers what the problems with such regulation may be.