Monday, 29 March 2010

It's official: vote Labour, get a downgrade

"However, the news from later this morning that Standard & Poors have reiterated their “outlook negative” warning on the UK is far more destabilising for Darling. In short, the now more or less official verdict from S&P and hence the investment community is that if the British people vote for a Labour Government, they are voting for a downgrade in Britain’s credit rating. Simple as that."

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