Chancellor Gordon Brown says the Government will hold to its public spending plans despite economic turmoil following the US terrorist strikes.

In his keynote conference speech, Mr Brown confirmed that funds worth more than 88 million US dollars (£61 million) had been frozen in Britain in response to the crackdown on terrorism.

He called on all nations to implement sanctions to ensure there was "no safe haven" for terrorists and "no safe hiding place for terrorist funds".

Mr Brown also indicated that there could be further cuts in interest rates to keep the economy buoyant in the wake of the terrorist atrocities.

"On September 11 terrorists intended to bring the world's financial system to a halt - to undermine the very possibility of global prosperity.

"So we will show by our actions in maintaining the conditions for stability and growth that we do not succumb or surrender to terrorist threats," he said.