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Only 11 per cent of industry players believe the G20 agreement will have a significant impact in bringing to an end the global recession, according to a survey carried out by the Securities & Investment Institute (SII).
Seventy-four per cent of respondents to the poll, conducted on the Institute website www.sii.org.uk think the G20 will have either 'little' or 'moderate' effect in sparking an upturn in the world economy, while 15 per cent say it will have no benefit.
Respondents were asked to leave their comments. These ranged from 'the G20 was a meaningless talking shop with no real decisions made' and '20 leaders cannot decide the state of the economy' to 'an agreement made by major powers with a similar objective in tackling global recession will surely have a significant impact'.
To take part in the latest SII online survey, which asks whether the UK can afford to carry the record level of debt outlined in the Budget, visit www.sii.org.uk
