Two international ratings agencies have downgraded the country's credit grade from the top level AAA, warning about the government's fiscal policies.

NPR: UK In Dark Mood As New Recession May Be Confirmed

Then there is a debate on a European Union Committee report on Sovereign Credit Ratings - peers will ponder the findings of their the their Economic and Financial Affairs and International Trade EU Sub-Committee recently published report on those mysterious but all-powerful bodies, the credit ratings agencies.

BBC: Viewing guide: The pick of the week ahead in Parliament