Spot the difference: How safe is the UK economy?

Avatar

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?

20120606-110004.jpg

More from LabourList

DONATE HERE

We provide our content free, but providing daily Labour news, comment and analysis costs money. Small monthly donations from readers like you keep us going. To those already donating: thank you.

If you can afford it, can you join our supporters giving £10 a month?

And if you’re not already reading the best daily round-up of Labour news, analysis and comment…

SUBSCRIBE TO OUR DAILY EMAIL