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Alistair Darling


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Financial crisis Alistair Darling under fire over banking meltdown

Alistair Darling the Chancellor is under fire after the banking crisis intensified as billions were wiped off the value of Britain's highstreet banks in minutes.

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Financial crisis Who is advising Alistair Darling?

The team helping Alistair Darling to prepare Britain's response to the ongoing financial turmoil.

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Financial crisis Alistair Darling under pressure over banks rescue plan

Alistair Darling the Chancellor is under pressure to unveil details of a multibillion pound rescue package for Britain's highstreet banks after stockmarket values slumped.

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Financial crisis Chancellor Alistair Darling to meet EU leaders in Luxembourg

The Chancellor Alistair Darling is to join EU finance ministers in Luxembourg for urgent talks on the financial crisis.

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George Osborne responds to Alistair Darling

This is the response to the Chancellor's emergency statement to the Commons yesterday afternoon by Shadow Chancellor George Osborne as issued by CCHQ. “Mr Speaker, as we see again from today’s markets these are clearly times of great instability for our economy and great anxiety for the people we all represent here. Families are deeply worried about their savings, their homes, their jobs and it is...

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Whatever, says Alistair Darling. Does the Chancellor look bothered?

It was the “Whatever it takes” statement from the “Whatever it takes” Government. So far what they seem to be taking, mostly, is our money. Yesterday Alistair Darling told us that he's decided to give £40 billion more of our cash to the banks. He didn't even raise one of his magnificent eyebrows when he said this. If you aren't talking trillions, it's all small change now.

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Financial crisis Alistair Darling accused of dithering over saver guarantees

Alistair Darling has been accused of failing to act decisively over the economic crisis.

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Statement To The House Of Commons By The UK Chancellor Of The Exchequer, The Rt Hon Alistair Darling, MP On Financial Markets

1. With your permission, Mr Speaker, I would like to make a statement regarding developments in financial markets. 2. The events in America over the last few weeks - and in Europe over the last few days - have again demonstrated the global nature and sheer scale of the problems affecting the global financial system.

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UK & World News: Chancellor Alistair Darling calls for big interest cuts

CHANCELLOR Alistair Darling yesterday called for big interest rate cuts and pledged "dramatic" moves to help struggling banks.

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Financial crisis Alistair Darling considers investment gamble Jeff Randall

Woody Allen once asked God for a sign that He was there and suggested "a large deposit in my name at a Swiss bank." Today Mr Allen would almost certainly prefer gold bars.

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Are the banks making it worse for themselves?

There's astonishment in the Treasury this morning that the big banks thought it a good idea to tell Robert Peston and others about their meeting with Alistair Darling last night. The suggestion is that there is a direct relationship between...

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Instilling confidence

One of the key roles of Chancellor of the Exchequer is to maintain the confidence of those who drive forward the economy. Failure to do that could see extraordinary pressure being placed on the pound and on our financial systems. It is possible that Alistair Darling failed that test yesterday.

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Lloyds TSB shares tumble

Lloyds TSB shares tumbled along with other financial stocks after major British banks held talks with Chancellor Alistair Darling about a Treasury plan to sell stakes to the government in exchange for an injection of funds.

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In the Wise Words of Ronan Keating

Perhaps Alistair Darling should have listened yesterday to the wise words of that well known philosopher Ronan Keating... YOU SAY IT BEST, WHEN YOU SAY NOTHING AT ALL His statement to the House of Commons yesterday said nothing he hadn't said before. The markets were looking for political leadership and all they got was piss and wind. The phrase of the moment seems to be "We'll do anything we have...

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Dithering? Nah, couldn't be...

Yesterday, I suspected that Alistair Darling's obfuscating language meant that HMT didn't really have a clue about how to deal with the market turmoil. But the hope was that, behind the confused - and confusing - rhetoric, there lay substantive action. It would seem not, if the reports of the Chancellor's meeting with bank officials last night are anything to go by. As Robert Peston outlined on Today...