G20 Finance Summit to be held in Edinburgh next year
What happened
The G20 Finance Ministers and Central Bank Governors Meeting will take place in Edinburgh from July 8 to 9 next year. This event is a key component of the U.K.'s year-long presidency of the G20. The G20 brings together 19 of the world's largest economies, the European Union, and the African Union.
Why it matters
The selection of Edinburgh is intended to spread the benefits of the U.K.'s G20 premiership across the country. Officials noted that Edinburgh's status as the U.K.'s second financial centre makes it a suitable host for the meeting.
Who's involved
- G20Group of finance ministers and central bank governors
- EdinburghHost city for the Finance Ministers and Central Bank Governors Meeting
- African UnionHolds permanent membership in the G20
- U.K.Holds the year-long presidency of the G20
- Scottish GovernmentInvolved in promoting the U.K.'s G20 presidency
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- easyJetSpeculative
Increased demand for international business travel might boost flight revenue for easyJet.
Keep exploring
The entities involved
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G20
group of finance ministers and central bank governors
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Edinburgh
capital city of Scotland, UK
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African Union
supranational union in Africa