Pre-Budget Report

The hon. Gentleman is enormously kind in giving way. Does he acknowledge that Standard and Poors have said:""We believe that the ratings on the UK continue to be supported by its wealthy, diversified economy"?" He will also recognise that Fitch said "The UK's triple A rating remains supported by its high value added, diversified economy." He will recognise, too, that Moody's has said that "the outlook for the UK Government is stable. Her Majesty's Government is deemed a resilient triple A issuer." The hon. Gentleman's presentation would be incomplete without such an acknowledgement. Would it not be incomplete, too, without an acknowledgement of the Governor of the Bank of England's growth forecast for 2010-11 of 4.1 per cent., which is much higher than the rate the Chancellor offered?