For an economic system that desperately desires to place the horrors of Covid-19 behind it, internet hosting the G7 summit is a good fillip. The gathering of the G7 leaders in Carbis Bay, Cornwall, was a possibility for Boris Johnson and Rishi Sunak to preen alongside their American and European counterparts.
Each seven years (or eight, when Russia was briefly allowed in) the UK hosts the gathering – because it did in 2005, when the then prime minister Tony Blair was subjected to intense, emotional lobbying by music stars Bono and Bob Geldof, accompanied by The Who’s rendition of “Received’t Get Fooled Once more”.
At their Edinburgh summit, the then G8 promised an entire host of measures to assist poor nations in Africa and elsewhere, together with a dedication by its European members to lift international help to 0.56 per cent of GDP by 2010, and 0.7 per cent by 2015. A number of the measures had been delivered; others weren’t. And one – the 0.7 per cent goal – was met, however then rescinded by Boris Johnson’s administration this yr, solely weeks earlier than leaders had been on account of meet in Cornwall.
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