HISTORIC PRESS RELEASE : Prime Minister Gordon Brown confirms G8 financial summit [October 2008]

The press release issued by 10 Downing Street on 15 October 2008.

The G8 will convene a special summit to discuss global financial reform in the wake of the credit crisis, the PM confirmed on Wednesday evening.

Speaking at the EU Council in Brussels, Mr Brown said the meeting would take place “in the next few weeks” to help the world “come through these financial difficulties”. In a joint statement, G8 leaders noted the need for change in “regulatory and institutional regimes for the world’s financial sectors to remedy deficiencies exposed by the current crisis”.