Has Gordon Brown backtracked on his G20 targets?
Gordon Brown has today come under intense pressure after an apparent change in strategy regarding the forthcoming G20. Despite travelling around the world for the last week or so championing his cause for a concerted effort to revive the worldwide economy it would appear there will be no "spending pledges" at the forthcoming meeting.
This is a major change in strategy from the UK government, with many observers believing that signs over the last few days that European ministers were looking to block any such move have derailed Gordon Brown's hopes. Just a week ago it appeared that the G20 summit could well turn into Gordon Brown's personal rescue plan however today there are signs that he is about to be stabbed in the back by his European counterparts.
The G20 itself does not have a very good reputation amongst the vast majority of the UK public, and those around the world, with suggestions that there is plenty of hot air but very little action afterwards. The fact that Gordon Brown appears to be backtracking on his earlier promises does not bode well for the future and will not help the reputation of this meeting of the elite governments of the world.
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