LONDON (Reuters) - Chancellor George Osborne vowed to press on with the government's economic plans on Friday after Moody's Investors Service cut Britain's credit rating to AA1 from AAA.
"Tonight we have a stark reminder of the debt problems facing our country - and the clearest possible warning to anyone who thinks we can run away from dealing with those problems," Osborne said in a statement.
"Far from weakening our resolve to deliver our economic recovery plan, this decision redoubles it."
(Reporting by Michael Holden)
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