Summary
In his previous great offices of state as Treasury chief secretary, secretary for social security, work and pensions, transport secretary and secretary at the then Department of Trade and Industry, Darling's main task was to take on a complex portfolio after some kind of political row, such as the botched nationalisation of Railtrack in 20 o 5, and smother the storm. Given that the government has expended billions on the banks, it will not be tliat surprising if Darling manages to find new cash to help bail out the car industry and to support the housing market.
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Extract
No Stardust Left to Sprinkle
Alistair Darling has been Chancellor for less than two years. Yet, in conversation, he is able to let drop an unusual boast in that time he has made more statements from the despatch box than any holder of that office in modern times, including his ubiquitous predecessor Gordon Brown. This is all rather surprising. In his previous great offices of state as Treasur...
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