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Alistair Darling speaker

Alistair Darling

speaker location icon London, UK

UK Chancellor of the Exchequer (2007-10)

Played a leading global role in responding to the world financial crisis

One of only 3 people to have served continuously in Labour cabinets from 1997 to 2010

Alistair Darling was Chancellor of the Exchequer from 2007 to 2010. Prior to this, he held a number of Cabinet positions, being one of only three people to have served in Cabinet continuously since Labour was elected in 1997.

He entered Parliament at the 1987 General Election in Edinburgh Central and, following the 1997 General Election, he entered Cabinet as the Chief Secretary to the Treasury. From then on he served as Secretary of State for Work and Pensions (1998-2002), for Transport (2002-06), for Scotland (2003-06) and Secretary of State for Trade and Industry (2006-07).

In June 2007, Prime Minister Gordon Brown appointed him Chancellor of the Exchequer. As Chancellor of the Exchequer, he was in charge of the UK response to the financial crisis, creating a fiscal stimulus package to support the economy and ensuring that the banks could start lending into the economy again. The Brown government has been praised for its prompt and measured reaction to the 2008 financial crisis.

Our Comment

"Alistair is highly respected by his peers in the political and financial world. He stepped down from the Shadow Cabinet at the Autumn Labour party conference in September 2010."

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