During the time of the financial crisis, Alistair Darling served as the chancellor of the exchequer for the Labour Party. He passed away at the age of seventy.
During the financial crisis, Darling was in charge of overseeing the nationalization of significant portions of the banking sector in the United Kingdom. Subsequently, he went on to successfully head the “No” campaign in the referendum on Scottish independence in 2014.
The news of his passing came as a big surprise to many people because of his unflappable demeanor and deadpan sense of humor, which made him extremely beloved across all political parties.
Darling will be regarded as “one of the great chancellors,” according to Jeremy Hunt, who is currently serving as the hopellor for the Conservative Party. As an additional point of interest, he stated, “He will be remembered for doing the right thing for the country during a time of extraordinary turmoil.”
According to a friend of the former chancellor, Darling had been battling cancer but had made the decision to keep his condition a secret. According to the acquaintance, he passed away in a calm and tranquil manner on Thursday morning in Edinburgh, with his wife Maggie and their children at his side.
According to a statement that was released by his family, “Mr. Darling, the much-loved husband of Margaret and the beloved father of Calum and Anna, passed away after a brief stay in Western General Hospital under the wonderful care of the cancer team.”
Having served as a Member of Parliament (MP) since 1987 until his resignation from the House of Commons in 2015, Darling most recently represented the constituency of Edinburgh South West.
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In the years leading up to his promotion to the position of chancellor in 2007, he served in a number of prominent positions within the Labour government, including those of transport secretary, Scotland secretary, and business secretary.
The Treasury was under Darling’s leadership for three years, until Labour was defeated in the general election in May of 2010. During that time, he oversaw the interventions that the United Kingdom government made during the global credit crunch.
One of these interventions was the decision to bring large portions of the banking sector under public ownership.
Because of his ability to relate to people of all political parties, he was an obvious choice to chair the Better Together campaign, which was responsible for leading the “No” campaign in the referendum on Scottish independence that took place in 2014. He held a strong and vehement opposition to the Brexit.
In 2015, Darling entered the House of Lords and became a member of the board of directors of Morgan Stanley, which is an investment bank based in the United States. The year 2020 marked his retirement from the upper house.
In a statement, the leader of the Labour Party, Sir Keir Starmer, expressed his profound sorrow at learning of the demise of Alistair Darling. I want to express my deepest condolences to his family, especially to Maggie, Calum, and Anna, whom he loved so desperately.Alistair was a man who committed his entire life to serving the public.
They will remember him as the chancellor who guided Britain through the turmoil of the global financial crisis with his cool skill and honesty. He will be remembered as the person who did this.
He was a staunch supporter of Scotland and the Scottish people throughout his whole life, and the time he spent in Edinburgh representing his constituents was the source of his greatest professional pride.
The fact that I have been able to gain from Alistair’s friendship and advice is something that I believe to be an incredible blessing. He was always there to offer guidance that was based on his many years of expertise, and he did so with his signature dry sense of humor each and every time.
The former Prime Minister of the Labour Party, Sir Tony Blair, who served from 1997 to 2007, remarked that “Alistair Darling was a rarity in politics.”
I have never come across anyone who disagreed with him. Despite the strong pressure that politics can cause, he was always gentle and respectful, despite the fact that he was exceptionally capable. He was humble and subdued, but he was never to be underestimated.
Gordon Brown, who served as Prime Minister of the Labour Party throughout the year of the financial crisis, expressed his profound sorrow over the passing of Alistair Darling. He was a source of wisdom, tranquility in times of difficulty, and humor for me, as he was for many others.
Darling was described as a “wise, calm, and clever politician, an extremely funny and generous man” by Lord Stewart Wood, who served as an adviser to British Prime Minister Gordon Brown at Downing Street.
“Compelling intellect, wicked sense of humor, phenomenal public servant, and the most loving father and husband,” said Kezia Dugdale, who had previously served as the leader of the Labour Party in Scotland. “What a tremendously tragic loss!”