FT Logo

Copy article

FT Editor Banner

Alastair Darling passes away aged 70

Journalist: Tom Dunstan, FTAdviser

ended 30. November 2023

Today the sad news broke that the former Labour chancellor of the exchequer, Alastair Darling, has passed away at the age of 70.

We are writing a story with tributes to Darling so is there anything that you would like to say or that you remember about the former chancellor?

3 responses from the Newspage community

Copy all

Copy

Darling will be remembered for the chancellor who navigated Britain, and to some extent the world, through the global financial crisis. His decisiveness and statesmanship took the banking industry back from the precipice. This period showed he was a global leader and a big beast in world politics.
Copy

Alastair Darling was a statesman and economic architect who left an indelible mark on the global financial markets. His swift and decisive actions in stabilising the British economy earned him widespread acclaim during the 2008 economic crisis. Darling's legacy will include his commitment to housing reform, improving affordability and stability. He will be remembered as someone who implemented policies that aimed to strike a delicate balance between market forces and social responsibility. His initiatives sought to stimulate investment while safeguarding against the excesses that had led to the housing bubble in previous years. Darling also championed transparency and accountability during his time as Chancellor. His efforts to strengthen regulatory frameworks were a first step in ensuring that the real estate market attracted integrity, and fostered investor confidence and sustainable growth. Darling will be remembered as a leader whose legacy transcended political boundaries.
Copy

Charles Breen
Founder at C B
He helped steer the country through an absolute financial mess, he never got the credit he deserved for stabilising the country, taking very difficult decisions at the time and creating the foundations and structures needed for the resilient financial institutions that we now have, ones that were able to weather the Covid crisis with ease.
He spoke honestly and bluntly to the people when the financial crisis started, warning of a storm ahead, he treated the public as adults, we need a lot more like him in politics now than the dross we currently have