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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: Alistair Darling

Alistair Darling stories: 28 news summaries

21 - 28 of 28 Stories | << Prev 1 2

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UK To Introduce Sweeping
Bank Reforms

Darling announces regulatory shift after Northern Rock fiasco

Jan 4, 08 10:51 AM CST
(Newser) - Britain's chancellor will offer sweeping new powers to that country's equivalent of the SEC to intervene in the event of a banking crisis. In an interview with the Financial Times, Alistair Darling presented a set of triggers that would allow the Financial Services Authority to step in and protect assets... More »

MORE ABOUT:
United Kingdom • subprime mortgages • bank • Northern Rock • Alistair Darling • Financial Services Authority • financial crisis

Brits Hatch Secret Plan
to Bail Out Northern Rock

No good options for struggling bank

Dec 18, 07 2:05 PM CST
(Newser) - Worried that the state might be stuck nationalizing Northern Rock, Britain has worked up a contingency plan behind closed doors to divide the troubled bank among the country’s commercial banks. A private buyout is still preferable, the Guardian reports, but some now fear the main bidders will back out,... More »

MORE ABOUT:
Richard Branson • Gordon Brown • subprime mortgages • Virgin • credit crisis • Britain • Northern Rock • Alistair Darling

UK Accused of Cover-Up in Data Loss

Higher-ups okayed sending files with personal info on 25M

Nov 23, 07 12:27 PM CST
(Newser) - Alistair Darling's disastrous week continued today as the British chancellor of the exchequer faced accusations of a cover-up in the lost-data fiasco, the Telegraph reports. Contrary to Darling's claim that the loss of 25 million people's data was an error by a junior administrator, newly released e-mails indicate senior tax... More »

MORE ABOUT:
United Kingdom • Gordon Brown • data theft • Northern Rock • Alistair Darling

Two More Discs Missing in UK Data Fiasco

Brown apologizes as criticism of government grows louder

Nov 22, 07 2:15 PM CST
(Newser) - The fallout from the lost data fiasco in Britain continues, as the Times of London reveals that two more unencrypted discs containing sensitive personal information have been reported missing from the nation's tax agency. Gordon Brown faced down a furious opposition in Prime Minister's Questions yesterday. The PM has employed... More »

MORE ABOUT:
United Kingdom • Gordon Brown • David Cameron • data theft • Alistair Darling

UK Chancellor Fights for Job After Data Loss

25M missing records spell trouble for already shaky Labour

Nov 21, 07 2:28 PM CST
(Newser) - A day after Alistair Darling was forced to admit that the tax department had lost the personal data of 25 million citizens, the British chancellor was fighting to keep his job in the face of a hostile and incredulous press. "Beyond farce, past comprehension, criminally irresponsible and beneath contempt"... More »

MORE ABOUT:
United Kingdom • Gordon Brown • data theft • Alistair Darling

25M Britons' Private Info
Lost in Mail

Parliament told addresses, bank data may be in wrong hands

Nov 20, 07 4:32 PM CST
(Newser) - Two computer discs containing the personal details of 25 million British citizens are missing, the chancellor of the exchequer told Parliament today. There’s no reason to believe the names, addresses, and bank info were stolen by criminals, but citizens were told to beware of “unusual activity.” Several... More »

MORE ABOUT:
resignation • data • Britain • Alistair Darling • national ID

Northern Rock Plummets 40% as Britain
Seeks Buyer

Bank crisis spells political trouble

Nov 20, 07 8:36 AM CST
(Newser) - In Britain the meltdown of Northern Rock has expanded into a full-out political crisis. The bank's stock plummeted 40% this morning to trade at less than a dollar a share, the Financial Times reports. The collapse of Northern Rock spells serious trouble for Alistair Darling, the chancellor, who is desperate... More »

MORE ABOUT:
Gordon Brown • subprime mortgages • Britain • Northern Rock • Alistair Darling • financial crisis

Brits Panic Over Credit Crisis

UK is extra vulnerable to the credit crunch

Sep 16, 07 11:17 AM CDT
(Newser) - The US credit crisis is sending Britain's buy-now-pay-later economy into apoplexy, with Brits lining up by the thousands outside branches of troubled bank Northern Rock to withdraw their savings in spite of an unprecedented government bailout. Analysts say that the nation's borrowing habits leave the economy vulnerable. "I think... More »

MORE ABOUT:
subprime mortgages • credit crisis • Britain • Northern Rock • Alistair Darling • financial crisis

21 - 28 of 28 Stories | << Prev 1 2


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