Current:Home > ScamsFormer UK Treasury chief Alistair Darling, who steered nation through a credit crunch, has died -ValueMetric
Former UK Treasury chief Alistair Darling, who steered nation through a credit crunch, has died
View
Date:2025-04-17 00:28:48
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! (186)
Related
- Connie Chiume, South African 'Black Panther' actress, dies at 72
- Justice Department says jail conditions in Georgia’s Fulton County violate detainee rights
- Man is 'not dead anymore' after long battle with IRS, which mistakenly labeled him deceased
- Top Federal Reserve official defends central bank’s independence in wake of Trump win
- NCAA hits former Michigan coach Jim Harbaugh with suspension, show-cause for recruiting violations
- Businesses at struggling corner where George Floyd was killed sue Minneapolis
- USMNT Concacaf Nations League quarterfinal Leg 1 vs. Jamaica: Live stream and TV, rosters
- Golden Bachelorette: Joan Vassos Gets Engaged During Season Finale
- Your Wedding Guests Will Thank You if You Get Married at These All-Inclusive Resorts
- Dick Van Dyke says he 'fortunately' won't be around for Trump's second presidency
Ranking
- Breaking debut in Olympics raises question: Are breakers artists or athletes?
- Blake Snell free agent rumors: Best fits for two-time Cy Young winner
- She's a trans actress and 'a warrior.' Now, this 'Emilia Pérez' star could make history.
- 4 arrested in California car insurance scam: 'Clearly a human in a bear suit'
- North Carolina justices rule for restaurants in COVID
- Kim Kardashian and Kourtney Kardashian Team Up for SKIMS Collab With Dolce & Gabbana After Feud
- 'Survivor' 47, Episode 9: Jeff Probst gave players another shocking twist. Who went home?
- Florida State can't afford to fire Mike Norvell -- and can't afford to keep him
Recommendation
What to watch: O Jolie night
New Orleans marks with parade the 64th anniversary of 4 little girls integrating city schools
Suicides in the US military increased in 2023, continuing a long-term trend
Craig Melvin replacing Hoda Kotb as 'Today' show co-anchor with Savannah Guthrie
Where will Elmo go? HBO moves away from 'Sesame Street'
Whoopi Goldberg calling herself 'a working person' garners criticism from 'The View' fans
Mike Tyson employs two trainers who 'work like a dream team' as Jake Paul fight nears
Man who stole and laundered roughly $1B in bitcoin is sentenced to 5 years in prison