UK urged to take lead in easing debt crisis in developing countries

Boris Johnson should use upcoming G7 presidency to insist UK banks join debt suspension schemes, campaigners say

Boris Johnson should use his presidency of the G7 this year to insist that UK banks take part in the global push to alleviate a new developing country debt crisis, a campaign group has urged.

The Jubilee Debt Campaign (JDC) said there was a special responsibility on Britain to act, as it released new figures showing that London-based banks were the largest owners of debt issued by poor countries.