Markets need morals, says Brown

Businesses needed trust to allow economies to prosper, Mr Brown said. Gordon Brown has urged global markets to abide by a system of "morals", including "responsible risk-taking" and a "work ethic". After UK shares experienced their biggest one-day fall, the prime minister said successful economies had to have shared values. He told a dinner in London the government would do "whatever it takes" to see out the current crisis. The "good economy" would help create the "good society", Mr Brown added. On Monday the FTSE 100 list of leading UK shares experienced its biggest ever one-day points fall, losing 391.1 points - or 7.85% of its value. 'Wider issues' Speaking to MPs earlier, Chancellor Alistair Darling said the government would act to support the banking system as a whole as well as supporting individual banks At the annual... [read full story]