MeteoTeramo.it - Il Portale di Teramo e provincia

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S and p cuts us bank ratings and therefore not very safe for us to invest in.


The UK is now in crisis. The IMF has given Greece's PM a warning - if they keep making the same mistake they'll lose the IMF funding it offers to the IMF-puppet government.


As you can imagine, it is the right time to have more information on who is running the Government. In particular, the Prime Minister will need to be told who is responsible for his actions and what actions that means in practical terms.


The Government need to understand that these actions on the part of its own finance minister will result in more funding from the IMF. The longer the Government waits the more the threat to the IMF will mount.


As the PM and his Government keep making these decisions, there will be increased pressure to cut spending and tax increases - which are clearly in the Government's interests.


The UK must show leadership on this.


Bryan Holland

Director

Moody's

I am also worried about the effect this is having on the Government as I am certain the Bank will be unhappy with any further cuts to public services (such as NHS) caused by Government's decisions. This is a risk that has been acknowledged in a lot of speeches to the House.


Peter Hoggart

Director of Corporate Affairs

Ripple Corporation

We can't afford any more cuts. The Government have got to act fast if they are to protect the economy and keep living standards in check.


There are a number of other areas where we need to ensure we don't create another financial crisis. We are not using our powers enough. We must put more control in our own hands.


All the Government have to do in this budget is to explain to the British people why these cuts are so vital for our economy - that they are necessary in order to boost investment and create jobs. As we make further cuts we risk creating an economic and social crisis.


Our banks are in a particularly bad financial position and the Government need to take immediate action.

The Treasury has announced that it will hold emergency cuts in order to protect Britain's economy.

If this policy is successful, it will force the government to set out in more detail its plans to safeguard the UK's economic prospects.

GOV. MIKE HUGHE

UK DEFENDANT

Mr Chancellor, let me start by saying that I am very pleased that the British people have spoken today about this government's record on the budget.


The deficit is coming down, and my predecessor, Gordon Brown, was very clear that we needed to make a bigger budget surplus. But we also knew that it was important to get the numbers coming i
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