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Sun 11 Nov 2009Britain backs bank bailout fund
Britain has thrown its weight behind proposals to impose a global levy on banks to fund future bailouts but failed to make much progress on securing a G20 deal to meet the cost of climate change.
Finance ministers and central bankers from the Group of 20, did commit, however, to a timetable for a new system of keeping an eye on each others' economies that would see countries present national and regional plans by the end of January.
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