Britain to bailout IMF for third time.

Britain could give away billions more to IMF Europe rescue fund for a third time, Osborne admits as he slams Eurozone for 'not doing enough.

* S&P downgrades European bailout fund
* France now AA+
* Germany still AAA- (Will be downgraded next time to AA+)
* Spain, Italy, Portugal, Greece and Ireland listed as Junk Status!
* U.S.A. keeps AA+
* Belgium downgraded again BB-

They spent enough propping up the failed euro already.

>>7
How so?  If anything it could help the pound and the UK's economy.  Investors holding large quantities of Euros and Euro-denominated securities will be looking for safer havens when--not if--the Euro fails.  That would help the pound, not harm it.