The UK downgrade will come as little surprise to many. It does not appear to be occurring because the UK is cutting its deficit too far and too fast.
Sentiment: NEGATIVE
The three main political parties all agree the UK deficit is high and needs to be brought down. All agree that it is easier to get a deficit down if you have faster growth, cutting unemployment-related costs and raising revenues.
I believe the United Kingdom will be worse off outside the E.U. It will not have the influence it has in the world today.
Britain is undoubtedly becoming more cultural. No question of it. People who say it is dumbing down simply don't look around enough. They don't know enough.
I worry about the direction of the U.K. and U.K. politics and governance in the event of a Brexit.
Maybe this will be the beginning of a trend? Flat taxes, cutting foreign aid, a referendum on Europe, grammar schools. Who knows?
I hope there will be continued U.K. investment in human spaceflight to enable Britain to benefit from space travel in the longer term and that many more Britons - women and men - will travel into space.
We are seeing, we have seen in the last figures a significant drop in the number of net migrants coming into the United Kingdom. So we are cutting out abuse, we've restricted the number of economic - non-EU economic migrants. We're cutting out abuse across the student visa system, particularly, and we're having an impact.
I think what is happening is I think first of all there is confidence in the U.K. economy. We're in a German rather than a Greek position in international financial markets, which is very positive and keeps our debt service costs down, and we're also beginning to see real evidence of rebalancing.
The British media is sinking down, as the American news media has lowered the bar for all of humanity. British news media is definitely trying to stoop down to that level. Everyone is stooping to the lowest common denominator.
America's downgrade may serve as a wakeup call for its policymakers. It is an unambiguous and loud signal of the country's eroding economic strength and global standing. It renders urgent the need to regain the initiative through better economic policymaking and more coherent governance.