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Alistair Darling

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A British Labour Party politician. The leader of the Better Together cross-party group since 2012.
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ENG: Alistair Darling (born 28 November 1953) is a British Labour Party politician who has been a Member of Parliament (MP) since 1987, currently for Edinburgh South West. He was Chancellor of the Exchequer from 2007 to 2010. Darling was one of only three people to have served in the Cabinet continuously from Labour's victory in 1997 until its defeat in 2010 (the others being Gordon Brown and Jack Straw). Darling was appointed as Chief Secretary to the Treasury in 1997, moving to become Secretary of State for Work and Pensions in 1998. Spending four years at the department, he spent another four years as Secretary of State for Transport, also becoming Secretary of State for Scotland in 2003. Prime Minister Tony Blair moved Darling for a final time, to Secretary of State for Trade and ...
for3against   Alistair Darling, the U.K. Chancellor of the Exchequer forecast that the British economy will end its fall in October, the Daily Telegraph reported, a3
for2against   British Chancellor of the Exchequer Alistair Darling said Ministers must have the humility to admit that the government has made mistakes in the lead up to the financial crisis, a3
for33against   I do not agree. Alistair Darling is bad choice. For instance, because ... (if I wanted to write why, I wrote it here), negative
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Darling: I was wrong on recession

Alistair Darling, has admitted that he and his Treasury officials got it wrong over the length and severity of the recession and that he will be forced to tear up his economic predictions.He will slash his growth forecast in the budget and warn that there will be no economic recovery until the end of the year, dashing hopes that last week’s G20 summit will be followed by an early upturn. “It's worse than we thought,” Darling said this weekend.His admission comes as an opinion poll for The Sunday Times shows that Labour has enjoyed a “bounce” from the G20 summit. ...

UK cannot afford budget giveaway to boost economy

Darling unveiled a £25bn fiscal package in last autumn's pre-budget report (PBR) and predicted that the measures coupled with the fall in tax revenues caused by the recession would push the budget deficit to £118bn in 2009-10. Mervyn King, the governor of the Bank of England, fired a shot across Gordon Brown's bows yesterday when he warned that the deteriorating state of Britain's public finances ruled out a giveaway budget next month to boost the economy. "I think the fiscal position in the UK is not one where we could say, well, why don't we just engage in another significant ...

Darling Considering Ways to Support Lloyds After Shares Plun

Chancellor of the Exchequer Alistair Darling said the U.K. is considering ways to support to Lloyds Banking Group Plc, whose share price dropped 32 percent yesterday.“There are a range of options open to us,” Darling said on the BBC’s Newsnight program when asked whether he would pledge government funds to Lloyds. “We’ve got to work with banks to ensure that bad debts are identified and revealed. If we don’t get these bad assets out of the system, banks will not lend.”Lloyds fell after saying it expects HBOS Plc, the U.K. lender it took over last ...

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The man who pulled the UK back from the brink - Sky News Australia
Sky News AustraliaThe man who pulled the UK back from the brinkSky News AustraliaAlistair Darling remembers the moment he realised just how bad the 2008 Global Financial Crisis had become. Then the UK Chancellor of the Exchequer, Mr Darling had seen the crisis unfold in the United States, culminating in the collapse of Lehman ...
British politician Alistair Darling on why Aus Govt should impose tougher ... - ABC Online
British politician Alistair Darling on why Aus Govt should impose tougher ...ABC OnlineAlistair Darling is currently in Australia, and he says the Turnbull Government is right to compel Australian banks to hold more capital to ensure taxpayers are not on the hook again when the next financial crisis strikes—even if that means the cost ...
Severe weather could hit Fraser Coast on weekend - Fraser Coast Chronicle
Fraser Coast ChronicleSevere weather could hit Fraser Coast on weekendFraser Coast Chronicle"There is a potential for severe thunderstorms and they could be widespread along the whole of the South East Queensland, which includes the Darling Downs and the Wide Bay Burnett area," he said. Mr Carey said high levels of moisture in the air teamed ...
Mark Carney pledges end to 'age of irresponsibility' in City - BT.com
BT.comMark Carney pledges end to 'age of irresponsibility' in CityBT.comHe told the forum that systems to rescue banks and stabilise markets were inadequate in the past, leaving former chancellor Alistair Darling with "little option but to bail out the banks" when the crisis struck. Mr Osborne said: "I understand public ...and more »

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