In a revealing moment President Sarkozy of France was seen by the London Daily News arguing “robustly” with Prime Minister Gordon Brown at the welcoming of leaders at the G20 summit.

The President of France has made it clear along with the German Chancellor Merkel that “red lines” would have to be agreed which would include “tougher financial regulation” over tax havens. The FT has speculated that these “red lines” which cover tough regulation of hedge funds, tax havens and bankers pay’, would create a stand off with China making a deal amongst the G20 even more remote.

Hillary Clinton was also seen in sessions with Lord Mandelson raising speculation that the UK and US have closed ranks to broker a deal.

photo credit: London Daily News