Chancellor of the Exchequer

Gordon Brown and the banking crisis: remember the Falklands

The Guardian (Free subscription) | 8 hours ago

Michael White: I hope George Osborne was watching Gordon Brown and Alistair Darling's Downing Street press conference this morning

Paul Krugman, This Morning

Grasping Reality with Both Hands (Free subscription) | 4 hours ago

Why oh why can't we have people like Gordon Brown running our government? Paul Krugman: > Gordon Does Good - NYTimes.com/a> : Gordon Brown and Alistair Darling, the chancellor of the Exchequer (equivalent to our Treasury secretary), have defined the character of the worldwide rescue effort, with other wealthy nations playing catch-up. This is an unexpected turn of events.... London is one of the world’s...

• Op-Ed Columnist: Gordon Does Good - New York Times
• Paul Krugman: Gordon does good - International Herald Tribune
• See the 4 articles on the same subject

Gordon Brown speaks and markets rise - modestly

Telegraph Blogs : Guests (Free subscription) | 10 hours ago

Last week, it seemed that every time Gordon Brown and Alistair Darling took to their feet, the markets plunged even further. They will be relieved then that as they defend that their unprecedented, multi-billion nationalisation of much of British high street banking, the FTSE is on the rise - up by 252 as I write. These 9am press conferences - deja vu all over again at Downing Street - differ from...

EXTRA: Darling says London's measures are 'significant'

The Earth Times Online Newspaper (Free subscription) | 11 hours ago

London - The British government believes that the decisive action taken to stabilize leading banks will help it get through the current financial turmoil, Alistair Darling, the Chancellor of the Exchequer, said Monday. The steps we have taken are ...

Darling says London's measures are 'significant' - 2nd Update

The Earth Times Online Newspaper (Free subscription) | 11 hours ago

London - The British government believes that the decisive action taken to stabilize leading banks with 37 billion pounds (65 billion dollars) of new capital will help it to get through the current financial turmoil. Alistair Darling, the Chancel...

Hank Paulson, Drowning Scorpion

Market Movers (Free subscription) | yesterday

Why has Gordon Brown found it so much easier to bite the nationalization bullet than Hank Paulson? Simple: it's a question of old-fashioned ideology. Here's John Quiggin : It's fascinating to wonder how Gordon Brown and Alistair Darling must feel about all this. Having long abandoned their youthful leftism, they have suddenly been forced by circumstances to implement something that looks superficially...

Iceland Says To Fuck Off

Sound Of Cannons (Free subscription) | 10/10/2008

The Icelandic government, believe it or not, have told me yesterday they have no intention of honouring their obligations here. - Alistair Darling, Chancellor of the Exchequer, 09 October 2008

What is an informed investor?

A View from Middle England (Free subscription) | 10/10/2008

Recently people have been popping up on the TV screens suggesting that those who have lost money (others have gone off with it!) were probably "informed investors", so they should have known. Alistair Darling is one such. He explained to the general public and the House of Commons (those that may not know everything) that the local councils were "informed". Robert Peston, of the BBC, notes this:- Concerns...

Gag reflex

European Tribune (Free subscription) | 10/10/2008

In reaction to UK Chancellor of the Exchequer Alistair Darling's anouncement of a £500bn (yes,...

UK Siezes Strategic Assets in Iceland Bank Collapses

Adelaide Green Porridge Cafe (Free subscription) | 10/10/2008

Chancellor of the Exchequer, Alistair Darling said the UK depositors should not worry about the collapse of Iceland's Banks . We have siezed a strategic stake in Iceland's Icebergs. Despite global warming, we should be good until the next election, he said.

PUTING HIS FOOT IN IT

Socialist Courier (Free subscription) | 09/10/2008

Last year when he was Chancellor of the Exchequer Gordon Brown outlined his annual budget speech with these words - "Britain's growth will continue into its 60th and 61st quarter and beyond ...Inflation has fallen from 3% to 2.8%, and will fall further this year to 2% ...Looking ahead to 2008 and 2009 inflation will also be on target. And we will never return to the old boom and burst." (quoted in...

Hold them to account

Tax Research UK (Free subscription) | 09/10/2008

I was on the Guardian’s blog late last night saying: In the single biggest spend by any chancellor of the exchequer ever, Alistair Darling has committed up to £500bn to saving the UK’s banks from a crisis of their own making. This level of commitment is essential - yet Alistair Darling’s plan is fundamentally flawed.Listening to [...]

Will £500bn Bail-Out Bid Work?

Sky News (Free subscription) | 09/10/2008

Gordon Brown and Alistair Darling will be hoping for signs that their £500bn bid to beat the credit crunch has restored market confidence.

Michael Howard takes the fight to Robert Peston

Not a sheep (Free subscription) | 09/10/2008

The former Conservative leader Michael Howard has called on the FSA and the Chancellor of the Exchequer to launch inquiries into the "possibly illegal" leaks of market sensitive information to the BBC's business editor Robert Peston. Here is the letter Michael Howard sent to the FSA: When Mrs NotaSheep heard Robert Peston's report on the Today programme she commented: "This is quite dangerous for the...

Oh shit

The Bellman (Free subscription) | 09/10/2008

If I'm understanding the debate in the British House of Commons correctly, Britain's Chancellor of the Exchequer doesn't believe Iceland's attempt to bail out it's banks -- they call it 'the Icelandic scheme' -- can be capitalized, and so will fail. He has therefore, for the purpose of insuring British depositors in Icelandic banks, moved to freeze Icelandic bank assets in Britain. In related news:...