Current:Home > NewsFormer UK Treasury chief Alistair Darling, who steered nation through a credit crunch, has died -LegacyCapital
Former UK Treasury chief Alistair Darling, who steered nation through a credit crunch, has died
View
Date:2025-04-15 12:47:21
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! (2)
Related
- Rylee Arnold Shares a Long
- 'Big mistake': Packers CB Jaire Alexander crashes coin toss, nearly blows call vs. Panthers
- Death toll rises to 18 in furnace explosion at Chinese-owned nickel plant in Indonesia
- Five dead in four Las Vegas area crashes over 12-hour holiday period
- 'Stranger Things' prequel 'The First Shadow' is headed to Broadway
- Morocoin Trading Exchange: Detailed Discussion on the 2024 STO Compliant Token Issuance Model.
- A Georgia nonprofit is on a mission to give building materials new life
- California police seek a suspect in the hit-and-run deaths of 2 young siblings
- Sonya Massey's family keeps eyes on 'full justice' one month after shooting
- Pope Francis denounces the weapons industry as he makes a Christmas appeal for peace in the world
Ranking
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- Paris City Hall plaza draws holiday visitors and migrant families seeking shelter as Olympics nears
- Turkey steps up airstrikes against Kurdish groups in Syria and Iraq after 12 soldiers were killed
- King Charles III talks 'increasingly tragic conflict around the world' in Christmas message
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- Liverpool star Mohamed Salah ‘shares pain’ of grieving families at Christmas amid Israel-Hamas war
- At least 140 villagers killed by suspected herders in dayslong attacks in north-central Nigeria
- Morocoin Trading Exchange's Analysis of Bitcoin's Development Process
Recommendation
Southern California rocked by series of earthquakes: Is a bigger one brewing?
Biden orders strike on Iranian-aligned group after 3 US troops injured in drone attack in Iraq
Raiders score huge win in Kansas City to keep Chiefs from clinching AFC West
King Charles III talks 'increasingly tragic conflict around the world' in Christmas message
Audit: California risked millions in homelessness funds due to poor anti-fraud protections
Tokyo court only holds utility responsible to compensate Fukushima evacuees and reduces damages
NFL playoff picture: Cowboys sink as Dolphins, Lions clinch postseason berths
See the rare rainbow cloud that just formed over Ireland and England