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London, Macroeconomics Timeline Monday, April 9 Bookmark and Share     Author
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  G20 leaders get down to business
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  G20 leaders seal $1tn global deal
UK economy back at pre-crisis level  The UK economy has returned to pre-crisis levels by expanding 0.8% in the second quarter of this year. GDP expanded by 3.1%   Brown: No room for economic complacency

year 2014 Top ^


year 2009 Top ^

  Finance ministers from the G-20 nations meeting have reiterated their commitment to coordinated action to tackle the economic crisis
  Leaders of the world's largest economies have reached an agreement to tackle the global financial crisis
 The resources available to IMF will be tripled to $750bn; $250bn to boost global trade. There will be sanctions against secretive tax havens and tougher global financial regulation

  World leaders will strive to reach an agreement on how to confront the worst global financial crisis since the 1930s
Mar.25   G20 must act on economy - Brown  UK Prime Minister has urged world leaders at next week's summit to 'take action' to reform the global banking system Mar.16 Downturn 'risks Africa conflict'  African leaders have warned that parts of the continent could be plunged back into conflict if they are not helped to recover from the downturn Mar.14   G20 leaders vow to restore growth
  Finance ministers from the rich and emerging nations have pledged to make a 'sustained effort' to pull the world economy out of recession
 Commitment to fight all forms of protectionism and maintain open trade and investment. A key commitment to restoring bank lending
Jan.31   PM says 'no clear map' for crisis  Gordon Brown: there is no precedent for the 'first financial crisis of the global age' Jan.23   UK in recession as economy slides
  The UK is now in recession for the first time since 1991. Gross domestic product fell by 1.5% in the last 3 months of 2008

year 2008 Top ^

Aug.29 Darling warns of economic crisis
  Chancellor Alistair Darling: The UK is facing its worst economic crisis in 60 years; the economic downturn would be more 'profound and long-lasting'

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