CITY VIEWS: ARE YOU WORRIED ABOUT THE US DEBT CRISIS?

JAMES MOSS | REED EMPLOYMENT

“Yes, I am worried about the US losing its triple-A rating: it will affect the whole world. There is a great deal of opposition between the Republicans and Democrats so decisions on the debt ceiling may not be universally approved, but I don’t think Obama should use his veto – the controversy would be too much.”

NICOLA PEARCY | ITRS GROUP

“No, personally I am not worried. I don’t see Britain suffering very much as a result of US decisions. What could happen is unprecedented damage to the global markets, but there will always be markets that benefit from economic catastrophe.”

PETER COATES | BANK SADERAT

“No, it doesn't affect me just yet. Tax increases in the US may eventually help them pay off the debt but the US has always suffered with debt and dealt with it well. The only problem is that rising taxes will always cause a negative reaction as we know first hand from what has happened in Britain recently.”