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UK Politics

Finance planning role for Gordon Brown

Gordon Brown has landed a plum job at the World Economic Forum (WEF), the influential network of businessmen, politicians, economists and academics that holds its annual meeting in Davos.

As predicted in The Independent on 15 April, the former Prime Minister will chair the WEF's new policy and initiatives co-ordination board. He will remain an MP but his contacts with governments and international bodies may boost his chances of becoming the next managing director of the International Monetary Fund (IMF). His hopes suffered a setback this week when David Cameron refused to support him for the IMF job.

The WEF said Mr Brown will not be paid for his work but that it will support the staff he needs to carry out his role. Mr Brown told business leaders in Scotland: "The world has been too ready to unlearn the lessons of the financial crisis and there is a danger that we are sowing the seeds of the next financial crash."