Current:Home > StocksFormer UK Treasury chief Alistair Darling, who steered nation through a credit crunch, has died -Financial Clarity Guides
Former UK Treasury chief Alistair Darling, who steered nation through a credit crunch, has died
View
Date:2025-04-16 01:19:02
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! (385)
Related
- Meet first time Grammy nominee Charley Crockett
- Bindi Irwin Undergoes Surgery for Endometriosis After 10 Years of Pain
- How The Biden Administration Is Confronting A Surge In Cyberattacks
- House Republicans subpoena Blinken for dissent cable on Afghanistan withdrawal
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Vanderpump Rules' Lala Kent Says She'd Never Trust Raquel Leviss Around Her Man in New Teaser
- Pope Francis to be hospitalized for several days with respiratory infection, Vatican says
- Get Rid of Sweat Without Ruining Makeup When You Use These $7 Blotting Sheets With 14,700+ 5-Star Reviews
- Senate begins final push to expand Social Security benefits for millions of people
- Silvio Berlusconi, controversial former prime minister of Italy, reportedly in intensive care
Ranking
- Average rate on 30
- All the Winning History-Making Moments Women Had This Year
- Vanderpump Rules' Raquel Leviss Sends Legal Letters to Cast Over Intimate Tom Sandoval FaceTime
- Chrissy Teigen's Red Hot Hair Color Will Have You Booking Your Spring Salon Appointment
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Transcript: Preet Bharara on Face the Nation, April 2, 2023
- Vanderpump Rules' Raquel Leviss Breaks Silence on Tom Sandoval Scandal
- Angela Bassett, Hilary Duff and More Stars Share How They're Raising Strong Daughters
Recommendation
'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
Blinken says he spoke to Russia's top diplomat about arrested American journalist
How Raquel Leviss Tried to Apologize to Ariana Madix Amid Tom Sandoval Affair Claim, According to Source
Get to Know Top Chef's Season 20 Contestants Before the World All-Stars Premiere
Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
A new law proposed in Italy would ban English — and violators could face fines of up to $110K
Vanderpump Rules’ Scheana Shay Denies Punching Liar and a Cheat Raquel Leviss
Chelsea Houska Shares the Unexpected Reason Why She Doesn't Allow Daughter Aubree on Social Media