Current:Home > MyFormer UK Treasury chief Alistair Darling, who steered nation through a credit crunch, has died -GrowthInsight
Former UK Treasury chief Alistair Darling, who steered nation through a credit crunch, has died
Surpassing View
Date:2025-04-09 16:14:37
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! (89)
Related
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Simone Biles uses Instagram post to defend her teammates against MyKayla Skinner's shade
- An infant died after being forgotten in the back seat of a hot car, Louisiana authorities say
- Watch: Orioles' Jackson Holliday crushes grand slam for first MLB home run
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- Kansas stops enforcing a law against impersonating election officials
- Author of best-selling 'Sweet Valley High' book series, Francine Pascal, dies at 92
- For Orioles, trade deadline, Jackson Holliday's return reflect reality: 'We want to go all the way'
- North Carolina justices rule for restaurants in COVID
- How Nebraska’s special legislative session on taxes came about and what to expect
Ranking
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- How (and why) Nikola Jokic barely missed triple-double history at 2024 Paris Olympics
- Carrie Underwood Replacing Katy Perry as American Idol Judge
- When does 'Emily in Paris' Season 4 come out? Premiere date, cast, trailer
- Buckingham Palace staff under investigation for 'bar brawl'
- Britney Spears' Ex Sam Asghari Shares What He Learned From Their Marriage
- Ryan Reynolds Says He Just Learned Blake Lively's Real Last Name
- Medal predictions for track and field events at the 2024 Paris Olympics
Recommendation
Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
Medal predictions for track and field events at the 2024 Paris Olympics
Massachusetts man gets consecutive life terms in killing of police officer and bystander
Angelina Jolie and Brad Pitt's Daughter Vivienne Lands New Musical Job
'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
Scholarships help Lahaina graduates afford to attend college outside Hawaii a year after wildfire
Carrie Underwood Replacing Katy Perry as American Idol Judge
Republican Lt. Gov. Jon Husted reports $5 million in the bank ahead of 2026 run for Ohio governor