Phi Wire Hand Picked Politics - Live

  • Liberal shows like Mock The Week just can’t understand why Ukip has so many supp...

    • source icon
    • 17:34
  • Statement from @georgegalloway taken from George's #facebook page please read &...

    • source icon
    • 17:30
  • Steerpike | Jim Murphy – is Scottish Labour dyeing?

    • source icon
    • 17:27
  • Simon Kelner | Perception is reality: The facts won't matter in next year's general election

    • source icon
    • 17:12
  • Mark Ferguson | Miliband dismisses Lamont’s “branch office” claims in Daily Record interview

    • source icon
    • 17:09
  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

Story Tracker

Select Story:

AAA downgrade 'doesn't add anything new'

AAA downgrade 'doesn't add anything new'
Britain's AAA downgrade "does not add anything new", a top Bank of England official said today.

Deputy governor Charlie Bean said although the downgrade had had a political impact, it was not a major economic issue.

He told the Treasury Select Committee: “The markets largely have been expecting a downgrade, and possibly other ratings agencies may follow suit.

"This is, of course just one lot, there are a lot more notches to go. But the actual downgrade itself, from an economic perspective, I don’t see as adding anything new.”

His comments follow a warning from incoming Bank of England Governor Mark Carney that banks needs to do more to regain the public's trust.

Mr Carney told an audience in Canada that "even the strongest supervision cannot guarantee good conduct".

Green Box: AAA downgrade 'doesn't add anything new'Click to open

+ Expand all - Collapse all

Recommended External Links

Full access for £22 a month...

PoliticsHome PRO Find out more