Labour

G20 summit appears to offer no progress for Europe and no global plan for jobs and growth - Ed Miliband

Ed Miliband, in a speech to the Which? Awards 2012 today, will comment on the G20 summit.
 
He will say: 
 
"We all know the great challenges facing the UK and global economies. Growth slowing. Rising borrowing costs in Europe. Unemployment high across the world. Squeezed living standards in the developed world, for year after year. And Britain, the only country in the G20 apart from Italy to be in a double dip recession.
 
"You know them, the public knows them. Big challenges, needing a big response. This G20 summit should have marked a decisive shift towards jobs and growth, which is vital if we are to get deficits down. Unfortunately this has not happened because too many governments, our own included, seem to think more of the same is the answer.
 
"The result is a summit that appears to offer no progress for Europe and no global plan for jobs and growth. It is a summit of division, when the world needs unity. And a summit of inaction when people, in Britain and across the world, are crying out for action."