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UK calls for coordinated action to stimulate economic growth

Published:Thursday | September 22, 2011 | 6:02 PM

The UK has joined five other G20 countries in calling for coordinated action from the world's leading nations to stimulate economic growth.



Prime Minister David Cameron has added his signature to a letter already signed by the leaders of Australia, Canada, Indonesia, Mexico and South Korea.



The letter warns that recovery will be difficult, while there is limited room for manoeuvre.



The leaders have insisted an agreement must be reached at the G20's summit in November.



The letter, not signed by the US or any eurozone state, also urges swift action to resolve the debt crisis in the single currency area, and for measures from Washington to put public finances on a sustainable path.



South Africa was involved in discussions about the letter and is understood to share many of the concerns voiced in it, but decided at a late stage that it was not ready to sign up.