Brown wipes Â£80m Mozambique debt
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Gordon Brown announces the cancellation of the Â£80m debt owed to Britain by Mozambique.
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Britain will use its presidency of the G8 industrialised nations to push for a modern day Marshall Plan delivering full debt relief, trade benefits and financial assistance for highly impoverished countries, Chancellor of the Exchequer Gordon Brown said.
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Gordon Brown finally succeeds Tony Blair.
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Nigeria agrees a deal to clear most of its $500m debt to the London Club for a "clean start".
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UK Chancellor Gordon Brown gave an  upbeat assessment of the economy on Wednesday, pledging  billions of pounds for schools as he prepared the ground to  take over as prime minister in the next few months.
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British finance minister Gordon Brown  will launch the UK's 2005 presidency of the Group of Eight rich  nations with a six-day visit to Africa to highlight the need  for more money for the world's poorest countries.
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Chancellor Gordon Brown will outline his plans to increase aid to developing countries and eliminate their debt.
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The deal is part of a new international agreement to forgive 80 per cent of Iraq&#39;s international debt, amounting to a total of about $150 billion.
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The founders of the money management firm Pilgrim Baxter &amp; Associates agreed yesterday to each pay $80 million in a settlement that resolves a longstanding complaint that they improperly profited
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Chancellor Gordon Brown has defended his stewardship of the economy, telling MPs there is no Â£10 billion black hole in the public finances.
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British finance minister Gordon Brown  visited one of Africa's largest slums on Wednesday at the start  of a tour of the continent aimed at making the fight against  poverty a top priority for the world's richest nations.
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Chancellor of the Exchequer Gordon Brown said that finance ministers from the Group of Seven rich nations had for the first time expressed firm willingness to provide as much as 100 percent debt relief for the world's poorest countries.
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Gordon Brown is due to meet Nelson Mandela on the last leg of his African tour to promote debt relief.
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British finance minister Gordon Brown  will say on Thursday he has full support from all the G7  industrialized nations to immediately freeze debt repayments  from countries afflicted by the Asian tsunami disaster.
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UK Chancellor Gordon Brown gave an upbeat assessment of the economy on Wednesday, pledging billions of pounds for schools as he prepared the ground to take over as prime minister in the next few months.
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British finance minister Gordon Brown will launch the UK's 2005 presidency of the Group of Eight rich nations with a six-day visit to Africa to highlight the need for more money for the world's poorest countries.
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Chancellor Gordon Brown outlines his plans to increase aid to developing countries and eliminate debt owed by poorer nations