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Mr Brown used a speech to MEPs in Strasbourg on Tuesday to exhort the European Union to take the lead in rehabilitating the world economy and forging a new "moral" capitalism. He called for an end to offshore tax havens, tougher financial regulation, and international limits on remuneration.
But his message risked being overshadowed by a warning from Bank of England Governor Mervyn King that Britain may not be able to afford further fiscal stimulus measures.