The Prime Minister has updated the House of Commons on the G20 leaders' summit in Washington. He said:

"At this unique moment in our economic history, we are seeing the world come together to find global solutions for the global problems we face.

"Over the next few weeks, following consultation, Britain - as the incoming chair of the G20 finance ministers - will lead the preparations for the next summit working alongside the past and future chairs. We will set out the schedule of events, meetings and papers that will take us to the next conference  - the date and venue of which will be announced next week.

"In the run up to the conference, we will monitor - following the recapitalisation of the banking system - barriers to the resumption of funding.

"For this summit and the meetings that will follow are about the real challenges of everyday life: the need for people to have confidence in the banks that hold their savings and their mortgages and that everything is possible is being done to help them in their jobs - and we pledge that with national and international action, real help in difficult times - we will take people through the downturn fairly"

You can read the Prime Minister's full statement here