Alistair Darling

It's the economy stupid as fiscal strategy dominates pre-General Election strategies

2010-01-04 15:55
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Bill Clinton reckoned it was all about "the economy, stupid". This year's General Election is likely to be the same as Cameron and Brown launch claim and counter claim. Meanwhile Vince Cable despairs...

Darling: banking bonus tax won't "raise that much".

2009-12-17 16:22
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Chancellor Alistair Darling has admitted that the 50% levy on bankers bonuses above £25,000 is effectively gesture politics that will “not actually raise that much”.

Darling to admit recession deeper; forecasts out of kilter

2009-11-27 10:39
Alistair Darling will admit in next month’s pre-Budget report that the recession has been much deeper than he forecast in March. ...
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The Bottom Line:If Mr Cable has his way...

"If Mr Cable had his way, all the big banks would be broken up and bonuses would be virtually eliminated - a sure-fire way in my view of guaranteeing an end to the UK’s ability to compete as an international financial centre. Let’s not forget that this is a man who is on record as saying that everyone who works in a bank has an ‘aristocratic lifestyle’ clearly demonstrating his lack of understanding of the sector." A tough line on bankers’ bonuses could make a brain drain of financial talent a distinct possibility, warns Paul Marsden. Read more