Last year Osborne said:
“we’re providing stability in Britain and we’re a safe haven in the storm”
Yet while the country was celebrating the Jubilee:
“Egan-Jones Ratings Co. on Monday cut the United Kingdom’s sovereign rating to AA- from AA, noting that the country’s situation is worse than it looks.”
But weren’t those fireworks great eh?

Mark Ferguson
Mark Ferguson is the Labour MP for Gateshead Central and Whickham, and was the editor of LabourList from 2010 to 2015.
View all articles by Mark Ferguson
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