Fitch warns of ‘uncertainty’ over SNP plans for currency union
The credit ratings agency Fitch has warned of instability if an independent Scotland were to remain part of a currency union with the UK.
The credit ratings agency Fitch has warned of instability if an independent Scotland were to remain part of a currency union with the UK.
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.
Europe needs an alternative vision and this has to be done by putting faith in people, rather putting faith in the “elites” and destroying social rights.
Ben Fox runs over the latest in the eurozone crisis from Brussels.
Osborne’s statement to parliament on recent economic volatility was pervaded by inaccuracy, complacency and vainglory.
One must now ask whether we are headed for another round of financial crisis similar to 2008 followed by a major world recession or depression.