Former UK Finance Minister Darling, Hero of Financial Crisis, Passes Away

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Source: Reuters UK
Former UK Finance Minister Darling, Hero of Financial Crisis, Passes Away
Photo: Reuters UK
TL;DR Summary

Alistair Darling, the former UK finance minister who guided the country through the global financial crisis in 2007-08, has passed away at the age of 70 after battling cancer. Darling, who served as Chancellor of the Exchequer under Prime Minister Gordon Brown, oversaw the state rescue of Northern Rock and led a government bailout of major banks during the credit crunch. Known for his intellect and kindness, Darling was praised by politicians from all parties. His passing is mourned as a significant loss to the country.

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