Current:Home > InvestFormer UK Treasury chief Alistair Darling, who steered nation through a credit crunch, has died -FundTrack
Former UK Treasury chief Alistair Darling, who steered nation through a credit crunch, has died
Chainkeen Exchange View
Date:2025-04-10 05:38:28
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! (635)
Related
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Out-of-state law firms boost campaign cash of 2 Democratic statewide candidates in Oregon
- Armie Hammer sells his truck to save money after cannibalism scandal
- Marathon Match: Longest US Open match since at least 1970 goes a grueling 5 hours, 35 minutes
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- Tori Spelling Shares Why She's Dressing 7-Year-Old Son Beau in School Clothes Before Bed
- How Christopher Reeve’s Wife Dana Reeve Saved His Life After Paralyzing Accident
- 'Who steals trees?': Video shows man casually stealing trees from front yards in Houston
- The company planning a successor to Concorde makes its first supersonic test
- Jeremy Allen White models Calvin Klein underwear in new campaign: See the photos
Ranking
- Buckingham Palace staff under investigation for 'bar brawl'
- Marathon Match: Longest US Open match since at least 1970 goes a grueling 5 hours, 35 minutes
- Instagram profiles are getting a musical update. Here's what to know
- Sweaty corn is making it even more humid
- Meta donates $1 million to Trump’s inauguration fund
- The best 2024 SUVs for towing: all sizes, all capability
- Tristan Thompson Celebrates “Twin” True Thompson’s Milestone With Ex Khloe Kardashian
- Gunman in Trump assassination attempt saw rally as ‘target of opportunity,’ FBI official says
Recommendation
Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
Stefanos Tsitsipas exits US Open: 'I'm nothing compared to the player I was before'
Jeremy Allen White models Calvin Klein underwear in new campaign: See the photos
San Diego police identify the officer killed in a collision with a speeding vehicle
Average rate on 30
Kaitlyn Bristowe Says She Staged a Funeral Service and Fake Burial for Her Last Relationship
Adam Sandler Responds to Haters of His Goofy Fashion
Soccer Player Juan Izquierdo Dead at 27 After Collapsing on the Field