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179264

	registered interest
	date	11/02/2015
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Economic Situation: Greece
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, what recent assessment he has made of the consequences for the UK economy of a Greek exit from the Eurozone.
	tabling member constituency	Romford
	tabling member printed	Andrew Rosindell
	uin	224328
	answer	answer is ministerial correction date of answer 25/02/2015 answer text <p>As the Chancellor stated on 2 February “…it is clear that the stand-off between Greece and the euro zone is the greatest risk to the global economy<em>”.</em></p><p> </p> answering member constituency South Northamptonshire answering member printed Andrea Leadsom question first answered 25/02/2015 16:52:11 answering member 4117 label Biography information for Andrea Leadsom
	tabling member	1447 label Biography information for Andrew Rosindell

179267

	registered interest
	date	11/02/2015
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Economic Situation
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, what recent assessment he has made of the future prospects for the UK's credit rating.
	tabling member constituency	Romford
	tabling member printed	Andrew Rosindell
	uin	224321
	answer	answer is ministerial correction date of answer 25/02/2015 answer text <p>The Government’s long term economic plan has secured the UK’s strong credit rating, which has contributed to lower borrowing costs and help protect frontline services. In June 2014, Standard and Poor’s (S&amp;P) revised the outlook on their UK AAA rating from negative to stable. The key driver cited by S&amp;P was <em>‘Amid further progress in consolidating public fiannces, the UK’s economic recovery is broadening.’ </em></p><p> </p><p> </p><p> </p><p>S&amp;P have assigned the UK sovereign the top triple AAA rating since they first published a UK rating in 1978. Moody’s and Fitch have assigned the UK the second highest rating Aa1 and AA+ respectively, with a stable outlook. The Government remains committed to its long term economic plan to ensure that the UK’s strong credit rating is maintained.</p><p> </p> answering member constituency South Northamptonshire answering member printed Andrea Leadsom question first answered 25/02/2015 16:51:09 answering member 4117 label Biography information for Andrea Leadsom
	tabling member	1447 label Biography information for Andrew Rosindell