Prime Minister calls for stimulus

Prime Minister Gordon Brown urged the world's biggest countries to take part in "urgent" fiscal stimulus moves last night, reported the Financial Times. He was in New York, having meetings with top economists, including Nobel economics prize winner Paul Krugman, who has called Brown the potential "saviour" of the global financial system. Krugman himself called for a $600bn injection into the US economy, which, if replicated in the UK, could result in a £60bn boost being announced in the pre-Budget report.