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Moody's Warns UK, France and Austria Over AAA Rating

Tuesday, 14 Feb 2012 | 4:00 AM ET

Prof. Andrew Sentance, former MPC external member and also Senior Economic Adviser at PwC, told CNBC, "the UK among the Western economies has quite a robust deficit reduction plan and is sticking to it and I think that is the right thing for George Osborne to be doing in these circumstances."