George Osborne was warned by one of the world's three biggest rating agencies on Wednesday night that the UK will lose its prized AAA credit status if the UK sinks into a triple-dip recession this winter. In its annual health check on Britain, Moody's served notice to the chancellor that it would be carefully monitoring how he managed the difficult balancing act between growth and deficit reduction over the coming months. The ratings firm said it had not yet decided whether to cut Britain's credit rating but said it could act in the new year either if growth prospects worsened or if Osborne failed to stick to a ... (full story)