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    Courtesy The Times.......rvh

    Osborne on the rack as sterling set to tumble.

    Pound could fall to parity with Euro.

    Osborne was on the defensive last night amid fears that Britain`shistoric credit downgrade could

    spark turmoil in the Markets.Experts warn there could be a major slide in sterlin with the ponnd

    heading to parity with the euro for the first time since the financial crash of 2008 / 09.

    The down grading of Britains AAA status is the first for 35 years.

    Osborne is now a sad joke.His policies preach austerity for Joe Public and life for egp`s for years to

    come.......enough is enough..............

    ``Genius George``must go say backbenchers. Members of Osborne`s own party were last night.

    questioning whether he was the right man to run the economy.

    The constant,remorseless drip,drip of gloomy news is beginning to take its toll.

    We are heading for a Black Friday.Some Conservative insiders worry that Feb 22 2013 might go

    down as Black Friday,comparable to Black Wednesday in 1992 when Britain fell out of Europe`s

    currency club ,the exchange rate mechanism,and the Tories lost their reputation for economic

    competence.

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