Thursday, March 26, 2009

4 hours 35 minutes of summit will cost taxpayer £20 million

Sam Coates on Red Box puts Gordon Brown's London Summit into perspective:

Gordon's save the world summit next Thursday is going to be awfully short.

Leaders' breakfast 8.30am - 9.45am

Morning session including finance ministers and central bankers 9.50am- 1.25pm

Lunch 1.25pm - 2.30pm

Afternoon session including finance ministers and central bankers 2.30pm to 3.30pm

Closing press conferences, 3.30 onwards

So it's 4 hours and 35 minutes of formal talks plus time spent chatting over three meals (including Downing Street dinner the night before). And the British taxpayer gets not much change from £20 million quid for the pleasure. Bretton Woods, when international institutions were last re-made, lasted three weeks.

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