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| Version 1 | Version 2 |
|---|---|
| Brown takes stimulus plan to US | Brown takes stimulus plan to US |
| (10 minutes later) | |
| Gordon Brown will repeat calls for greater fiscal stimulus and more financial regulation on a visit to the US as part of his pre-G20 summit tour. | Gordon Brown will repeat calls for greater fiscal stimulus and more financial regulation on a visit to the US as part of his pre-G20 summit tour. |
| The UK leader's strategies for reviving the economy appear to have been broadly backed by US President Barack Obama. | The UK leader's strategies for reviving the economy appear to have been broadly backed by US President Barack Obama. |
| In a newspaper article Mr Obama said he wanted a sustained fiscal stimulus, but earlier Bank of England head Mervyn King warned against more UK spending. | In a newspaper article Mr Obama said he wanted a sustained fiscal stimulus, but earlier Bank of England head Mervyn King warned against more UK spending. |
| The BBC's Nick Robinson said the PM will try to put the warning behind him. | The BBC's Nick Robinson said the PM will try to put the warning behind him. |
| The prime minister is touring three continents ahead of next week's G20 summit, calling on governments to back plans for possible further stimulus action. | The prime minister is touring three continents ahead of next week's G20 summit, calling on governments to back plans for possible further stimulus action. |
| Downing Street was insisting that more spending and more borrowing was just one of the ways to get the economy going again, he said. | Downing Street was insisting that more spending and more borrowing was just one of the ways to get the economy going again, he said. |
| In the article - published in newspapers around the world - Mr Obama said he wanted to see bold action to kick start the global economy, including what he called a "robust" and "sustained" fiscal stimulus. | In the article - published in newspapers around the world - Mr Obama said he wanted to see bold action to kick start the global economy, including what he called a "robust" and "sustained" fiscal stimulus. |
| Later in a speech in Washington DC on Tuesday Mr Obama said his plan was based on creating new jobs, rejuvenating the housing market, and creating new liquidity and lending by the banks. | Later in a speech in Washington DC on Tuesday Mr Obama said his plan was based on creating new jobs, rejuvenating the housing market, and creating new liquidity and lending by the banks. |
| Tax havens | Tax havens |
| Mr Brown addressed the European Parliament in Strasbourg on Tuesday. The tour will later take him to Brazil and Chile. | Mr Brown addressed the European Parliament in Strasbourg on Tuesday. The tour will later take him to Brazil and Chile. |
| On Wednesday will take part in a question and answer session at the Wall Street Journal in New York. | On Wednesday will take part in a question and answer session at the Wall Street Journal in New York. |
| Gordon Brown in Strasbourg | |
| At a breakfast hosted by the newspaper, he hopes to persuade bankers - and its new owner Rupert Murdoch - to back his ideas for increased financial regulation, an end to tax havens and further action to stimulate the economy, said Nick Robinson. | At a breakfast hosted by the newspaper, he hopes to persuade bankers - and its new owner Rupert Murdoch - to back his ideas for increased financial regulation, an end to tax havens and further action to stimulate the economy, said Nick Robinson. |
| He will later take part in another question and answer session, with students at New York university, before going on to hold talks with UN secretary general Ban Ki-moon. | He will later take part in another question and answer session, with students at New York university, before going on to hold talks with UN secretary general Ban Ki-moon. |
| On Tuesday Mervyn King, the governor of the Bank of England, had cautioned against further significant government spending to stimulate the economy. | On Tuesday Mervyn King, the governor of the Bank of England, had cautioned against further significant government spending to stimulate the economy. |
| Given the high levels of UK debt as a result of recent stimulus packages, Mr King questioned the wisdom of increasing debt by spending more. | Given the high levels of UK debt as a result of recent stimulus packages, Mr King questioned the wisdom of increasing debt by spending more. |
| But he did say that there was room for further "targeted and selected measures" in some areas of the economy. | But he did say that there was room for further "targeted and selected measures" in some areas of the economy. |
| The government said there was no rift with Mr King over stimulus action, but shadow chancellor George Osborne said the governor's comments were a vindication of Conservative Party policies. | The government said there was no rift with Mr King over stimulus action, but shadow chancellor George Osborne said the governor's comments were a vindication of Conservative Party policies. |