Current:Home > reviewsFormer UK Treasury chief Alistair Darling, who steered nation through a credit crunch, has died -AssetLink
Former UK Treasury chief Alistair Darling, who steered nation through a credit crunch, has died
View
Date:2025-04-14 23:31:15
LONDON (AP) — Alistair Darling, a central figure in the U.K.’s response to the 2008 financial crisis who later helped organize the campaign against Scottish independence, has died. He was 70.
Darling had been treated for cancer, his family said in statement on Thursday. He served as Britain’s treasury chief under then Prime Minister Gordon Brown, who praised him as a “popular and effective’’ government minister.
Though Darling held a variety of posts during his 28 years in the House of Commons, he is likely to be remembered most for his work in steering the nation’s finances during the global credit crunch. The package of measures he implemented were credited with preventing an even more dramatic slide after the crisis threatened the nation’s banking system.
“Alistair will be remembered as a statesman of unimpeachable integrity whose life was defined by a strong sense of social justice and who gained a global reputation for the assured competence and the exercise of considered judgment he brought to the handling of economic affairs,” Brown said.
veryGood! (2614)
Related
- USA men's volleyball mourns chance at gold after losing 5-set thriller, will go for bronze
- Andy Reid shows he's clueless about misogyny with his reaction to Harrison Butker speech
- Political consultant behind fake Biden robocalls faces $6 million fine and criminal charges
- Get Summer-Ready with These Old Navy Memorial Day Sales – Tennis Dresses, Shorts & More, Starting at $4
- North Carolina justices rule for restaurants in COVID
- EPA Formally Denies Alabama’s Plan for Coal Ash Waste
- Urban Outfitters' Memorial Day Mega Sale is Here: Score a $590 Sweater for $18 & More Deals Up to 97% Off
- 'The Masked Singer' winner Vanessa Hudgens reveals if she plans on returning to music
- Clay Aiken's son Parker, 15, makes his TV debut, looks like his father's twin
- The doomsday glacier is undergoing vigorous ice melt that could reshape sea level rise projections
Ranking
- US Open player compensation rises to a record $65 million, with singles champs getting $3.6 million
- Judge says $475,000 award in New Hampshire youth center abuse case would be ‘miscarriage of justice’
- Paul Skenes dominated the Giants softly. But he can't single-handedly cure Pirates.
- Senate border bill vote fails again as Democrats seek to shift blame to GOP
- Tropical weather brings record rainfall. Experts share how to stay safe in floods.
- Children's Author Kouri Richins Breaks Silence One Year After Arrest Over Husband's Fatal Poisoning
- Inter Miami beats out Super Bowl, Stanley Cup, World Series champs for sports business award
- Closed casino hotels in Mississippi could house unaccompanied migrant children
Recommendation
Jay Kanter, veteran Hollywood producer and Marlon Brando agent, dies at 97: Reports
Trooper was driving around 80 mph on Vermont interstate before crashing into fire truck, report says
Yep, Lululemon Has the Best Memorial Day Scores, Including $29 Tank Tops, $34 Bodysuits & More
NBA great Dwyane Wade launches Translatable, an online community supporting transgender youth
Buckingham Palace staff under investigation for 'bar brawl'
AP Week in Pictures: North America
Wheel of Fortune Contestant's NSFW Puzzle Answer Leaves the Crowd Gasping
Vermont governor vetoes bill requiring utilities to source all renewable energy by 2035