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UK to assume G20 presidency next year, priorities yet to be announced

The UK will take on the G20 presidency in 2027, with Prime Minister Andy Burnham expected to outline the country's priorities in the coming weeks.

  • The UK will assume the G20 presidency next year.
  • Prime Minister Andy Burnham has previously stated a desire to focus on domestic policy.
  • The UK last chaired the G20 in 2009 under Gordon Brown.

The UK is set to assume the presidency of the G20 next year, a role that will require Prime Minister Andy Burnham to define Britain's priorities for the group of the world's largest economies. While Mr Burnham has expressed a preference for concentrating on domestic policy, chairing the G20 is noted as one of his most significant responsibilities.

The last time the UK held the G20 presidency was in 2009, when Gordon Brown led efforts to address the global financial crisis. During that period, the G20 agreed to a $5tn fiscal stimulus, increased International Monetary Fund lending, and established the Financial Stability Board for global financial regulation.

Potential priorities for the UK's presidency could include seeking a global treaty on artificial intelligence regulation, addressing growing food insecurity, acknowledging accelerating climate insecurity, and agreeing on a debt restructuring programme for low- and middle-income economies.

Why this matters: The G20 presidency offers the UK a platform to influence global policy on issues such as AI regulation, food security, climate change, and economic stability.

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