Alastair Darling
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Britain puts more money in banks, imposes breakup
Nov 03, 2009 12:57 EST
British government injects more funds into banks as it orders breakup of major players. The British government moved Tuesday to break up the country's two biggest retail banks, imposing a major shakeup on the financial sector as it exacts payback for last year's massive state bailout at the height of the financial crisis.
Britain puts more money in banks, imposes breakup
Nov 03, 2009 12:52 EST
British government injects more funds into banks as it orders breakup of major players. The British government moved Tuesday to break up the country's two biggest retail banks, imposing a major shakeup on the financial sector as it exacts payback for last year's massive state bailout at the height of the financial crisis.
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Facts from the Wikipedia page:
| The Right Honourable Alistair Darling MP | |
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| Incumbent | |
| Assumed office 28 June 2007 | |
| Prime Minister | Gordon Brown |
|---|---|
| Preceded by | Gordon Brown |
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| In office 5 May 2006 – 27 June 2007 | |
| Prime Minister | Tony Blair |
| Preceded by | Alan Johnson |
| Succeeded by | John Hutton (Business, Enterprise and Regulatory Reform) |
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| In office 13 June 2003 – 5 May 2006 | |
| Prime Minister | Tony Blair |
| Preceded by | Helen Liddell |
| Succeeded by | Douglas Alexander |
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| |
| In office 29 May 2002 – 5 May 2006 | |
| Prime Minister | Tony Blair |
| Preceded by | Stephen Byers (Transport, Local Government and the Regions) |
| Succeeded by | Douglas Alexander |
|
Secretary of State for Work and Pensions
Social Security (27 July 1998 – 8 June 2001) | |
| In office 27 July 1998 – 29 May 2002 | |
| Prime Minister | Tony Blair |
| Preceded by | Harriet Harman |
| Succeeded by | Andrew Smith |
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| |
| In office 3 May 1997 – 27 July 1998 | |
| Prime Minister | Tony Blair |
| Preceded by | William Waldegrave |
| Succeeded by | Stephen Byers |
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| Incumbent | |
| Assumed office 11 June 1987 | |
| Preceded by | Alexander MacPherson Fletcher |
| Majority | 7,242 (16.5%) |
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| Born | 28 November 1953 Hendon, United Kingdom |
| Political party | Labour |
| Spouse(s) | Margaret Vaughan |
| Residence | 11 Downing Street (Official) Edinburgh and Great Bernera (Private) |
| Alma mater | University of Aberdeen |
