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Darling to warn G20 ministers not to take recovery for granted

Chancellor Alistair Darling is expected to today urge G20 governments to continue with plans for global fiscal stimulus as the world’s finance ministers gather in London for talks.

Mr Darling last night said he was confident Britain’s economy would begin to grow again this year, however he will warn his peers of the dangers of taking the recovery for granted.

Continued low interest rates and restored lending in the banking sector will be key points Mr Darling will stress are vital to the economy’s improvement.

Mr Darling will also this weekend propose setting a March 2010 deadline for tax havens to meet their obligations or face sanctions.