After a weekend at home in Edinburgh Alistair Darling returned to his Treasury office early on Monday morning knowing he was facing yet another day in the eye of a financial storm.
LONDON, Nov. 28 (UPI) -- The British Treasury said it was considering emergency steps to ensure banks are making loans to consumers and small businesses.
LONDON, Nov. 25 (UPI) -- Britain's Chancellor of the Exchequer and the opposition Shadow Chancellor sparred Tuesday over the government's $30.5 billion stimulus package.
LONDON, Nov. 22 (UPI) -- British Prime Minister Gordon Brown is about to implement drastic moves aimed at stemming the soaring number of home foreclosures, sources say.
GLASGOW, Scotland, Nov. 19 (UPI) -- Lloyds TSB shareholders gave their approval Wednesday for the purchase of HBOS with 96 percent voting yes at a shareholder meeting in Glasgow, Scotland.
LONDON, Nov. 9 (UPI) -- British bankers had to be strong-armed by Chancellor Alistair Darling into passing along a Bank of England interest rate cut to consumers, sources say.
LONDON, Nov. 6 (UPI) -- The British Treasury will cover $1.57 billion in losses suffered by British citizens with accounts at a failed Icelandic bank, Alistair Darling said Thursday.
LONDON, Oct. 30 (UPI) -- Britain's Chancellor of the Exchequer Alistair Darling suggested a Bank of England lending rate cut was possible but didn't declare it a done deal.
LONDON, Sept. 29 (UPI) -- British regulators seized Bradford & Bingley Monday, taking control more than $90 billion in assets, and engineering a partial sale to a Spanish bank.
MANCHESTER, England, Sept. 22 (UPI) -- Britain's chancellor of the exchequer Monday said a worsening economy mandates the need for tougher financial and banking regulations.
CANBERRA, Australia, Aug. 8 (UPI) -- Experts say too much water is being taken out of the Darling River in Australia for irrigation, aggravating droughts.
LONDON, Aug. 5 (UPI) -- British Prime Minister Gordon Brown is considering a moratorium on Britain's stamp duty tax to breath new life into a slumping housing market, sources said.
LONDON, Aug. 5 (UPI) -- The British Treasury said Tuesday it would convert nearly $6 billion in loans to Northern Rock bank into common bank shares to help balance its books.
LONDON, July 19 (UPI) -- Chancellor of the Exchequer Alistair Darling said many British taxpayers are unwilling to pony up more money to pay for public services.