From the BBC.

Gordon Brown was today forced to step in and attempt to calm growing panic over the threat of British exposure to Dubai's debt crisis, stating that the Emirate's financial problems are “containable and localised”.

Speaking at a Commonwealth summit in Port of Spain, Trinidad, Mr Brown said: “We are satisfied that [with] the arrangements in place, the mechanisms that we’ve got in place to monitor what’s happening, we can be sure that this is something that is both containable and is localised.”

Mr Brown said: "My own view is the world financial system is stronger now and able to deal with the problems that arise.

This; from the man who sold half of Britain's gold for a pittance. Sure does set my mind at ease.