Brown and Sarcozy to meet

Gordon Brown and Nicolas Sarkozy are expected to use a meeting to discuss the controversial appointment of a Frenchman to oversee European banking. The UK prime minister and French president are talking before a summit of European Union leaders in Brussels. It will be the first time they have met since Mr Sarkozy appeared to boast that Michel Barnier’s appointment was a defeat for UK free-market economics.

Earlier, Mr Brown and Mr Sarkozy issued a call for financial reform. This came in a jointly written article in the Wall Street Journal, in which they said that a one-off tax on bank bonuses should be “considered a priority”.


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