Ratings cut shows need to reduce deficit further, faster-Cameron

LONDON Wed Feb 27, 2013 7:13am EST

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LONDON Feb 27 (Reuters) - British Prime Minister David Cameron said on Wednesday a decision by Moody's to cut Britain's top-notch triple A credit rating underlined the need to step up efforts to reduce the country's deficit.

"I'm the one saying this credit rating does matter, and it demonstrates that we have to go further and faster on reducing the deficit," Cameron told parliament.

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