Philip Hammond's task more difficult than solving 2008 crisis, says Darling - News Summed Up

Philip Hammond's task more difficult than solving 2008 crisis, says Darling


Back then, in the weeks that followed the collapse of Lehman Brothers in September 2008, Darling was called out of a meeting of EU finance ministers to be told that RBS would run out of money within hours. The economy was in freefall and Darling was preparing an emergency package of measures for his autumn statement. Interview: Alistair Darling on reshuffles, recession and the price of eggs Read moreSpeaking before this week’s autumn statement, Darling says that, as in 2008, the government will not have seen a surprise coming. We won’t see fireworks because there is so much he doesn’t know. “The government’s silence is either because it has got a cunning plan or because it doesn’t know what to do.


Source: The Guardian November 21, 2016 15:00 UTC



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