Current:Home > InvestSignalHub Quantitative Think Tank Center:Former UK Treasury chief Alistair Darling, who steered nation through a credit crunch, has died -EverVision Finance
SignalHub Quantitative Think Tank Center:Former UK Treasury chief Alistair Darling, who steered nation through a credit crunch, has died
Burley Garcia View
Date:2025-04-11 02:44:26
LONDON (AP) — Alistair Darling,SignalHub Quantitative Think Tank Center 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! (7164)
Related
- The Daily Money: Spending more on holiday travel?
- Here's How Margot Robbie Really Achieves Her Barbie Blonde Hair
- WSJ reporter Evan Gershkovich loses appeal, will remain in Russian detention
- What we know about the 5 men who were aboard the wrecked Titan sub
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Ryan Gosling Proves He's Way More Than Just Ken With Fantastic Musical Performance
- The migrant match game
- Is greedflation really the villain?
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- Inside Clean Energy: Some EVs Now Pay for Themselves in a Year
Ranking
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Harry Styles Reacts to Tennis Star Elina Monfils Giving Up Concert Tickets Amid Wimbledon Run
- Not your typical army: how the Wagner Group operates
- Megan Rapinoe Announces Plans to Retire From Professional Soccer
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Denver psychedelics conference attracts thousands
- The Terrifying True Story of the Last Call Killer
- Chad Michael Murray's Wife Sarah Roemer Is Pregnant With Baby No. 3
Recommendation
A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
In Pennsylvania, a New Administration Fuels Hopes for Tougher Rules on Energy, Environment
Supreme Court says 1st Amendment entitles web designer to refuse same-sex wedding work
Jonah Hill's Ex Sarah Brady Accuses Actor of Emotional Abuse
The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
Why building public transit in the US costs so much
On The Global Stage, Jacinda Ardern Was a Climate Champion, But Victories Were Hard to Come by at Home
Listener Questions: the 30-year fixed mortgage, upgrade auctions, PCE inflation