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The Collapse

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About The Collapse


In France, as civilisation collapses, everyone tries to survive. Food is scarce, petrol is scarce, and the most fragile are abandoned.

Alistair Darling: Gordon Brown says briefings against ex-chancellor unfair

Alistair Darling: Gordon Brown says briefings against ex-chancellor unfair
Dec 1,2023 12:41 am

... In the summer of 2008 - and not long before The Collapse of major banks that floored the global economy - Lord Darling warned of the worst financial crisis in decades...

Alistair Darling: Steady hand in an economic crisis

Alistair Darling: Steady hand in an economic crisis
Nov 30,2023 10:21 am

... Mr Darling, said to have a knack for mastering complex briefs in record time, was parachuted into another " trouble" job in 2002, when Stephen Byers resigned as transport secretary amid The Collapse of Railtrack...

Coastguard warns of cliff danger after Pakefield road collapse

Coastguard warns of cliff danger after Pakefield road collapse
Nov 27,2023 8:11 am

... High tides and wind caused The Collapse at Pakefield Holiday Park in Lowestoft, Suffolk, with homes being evacuated and moved to other parts of the site...

Zhongzhi Enterprise Group: China investigates major shadow bank for 'crimes'

Zhongzhi Enterprise Group: China investigates major shadow bank for 'crimes'
Nov 27,2023 12:41 am

... The latest developments at ZEG has raised concerns of further turmoil in the world s second-largest economy, after The Collapse of property developer and more recently the China s property sector makes up a third of its economic output...

Warning to stay away after high tide and winds hit Hemsby coastline

Warning to stay away after high tide and winds hit Hemsby coastline
Nov 25,2023 4:11 am

...By Nadia GyaneBBC News, NorfolkPeople are being warned to stay away from a beach after The Collapse of a cliff-top road brought power cables down...

Uttarakhand tunnel collapse: Last-minute snag delays rescue of trapped workers

Uttarakhand tunnel collapse: Last-minute snag delays rescue of trapped workers
Nov 23,2023 5:01 am

... Officials established contact with the trapped men hours after The Collapse...

Uttarakhand tunnel collapse: Rescuers to drill from top

Uttarakhand tunnel collapse: Rescuers to drill from top
Nov 18,2023 12:31 pm

... A nearby landslide caused heavy debris to fall on the tunnel, leading to The Collapse of a section about 200m from the entrance...

Dutch election promises new era and shake-up in politics

Dutch election promises new era and shake-up in politics
Nov 15,2023 9:41 pm

... After 13 years as prime minister, Mark Rutte is bowing out and the 22 November election caused by The Collapse of his government is being fought on a cluster of domestic crises - from the high cost of living and a shortage of housing, to healthcare and climate change...

Alistair Darling: Steady hand in an economic crisis

Nov 13,2023 10:41 am

By Sam Francis & Faisal Islam , BBC Economics editorBBC News

As a radical student, Alistair Darling hoped to reshape The World .

As chancellor, he found himself at the centre of global crisis steering the UK's troubled banks back from The Brink during the 2008 financial crash.

He served at The Heart of New Labour, with 13 years in Tony Blair and Gordon Brown 's cabinets.

He once said he hoped to be remembered as " The Minister who began to eradicate poverty" but he will go down in history for the actions he took as chancellor in 2008.

His were the steady pair of hands who shepherded The British economy through the near collapse of half its banking system. He was best known for having to nationalise Northern Rock at first, And Then effectively the bulk of British banking amid runs on banks by The Public and financial markets.

He began his memoir of his period at Number 11 with the phrase " I don't believe in panicking until it's absolutely necessary".

It was a doctrine that was sorely tested as faced financial chaos unseen in Britain for decades.

Born in London, Alistair Darling attended the fee-paying Loretto School near Edinburgh. He did his legal training in The City before representing it in local government and ultimately in Parliament.

While Mr Darling had the air of a mild-mannered, non-confrontational Scottish lawyer, his political origins were actually somewhat more lively.

As a student activist in Aberdeen, he was associated with far-left policies and reportedly distributed " Marxist" leaflets at railway stations.

But after being elected as an MP in 1987, he left left-wing roots behind and his image was transformed from firebrand to moderate. Mr Darling became closely linked with efforts to modernise Labour.

In opposition, he served on The Front bench in several roles, including as Home Affairs spokesman.

Ahead of the 1997 election, he also toured the boardrooms of the Big City firms, to reassure them of New Labour's intentions.

Following The Party 's landslide election win, Mr Darling served as chief Secretary to the Treasury, putting in place wide-ranging reforms to financial regulation.

He then replaced Harriet Harman as Social Security Secretary - later re-named work and pensions Secretary - delivering Labour's welfare reforms and Taking Responsibility for spending a third of the government's budget.

Mr Darling said he would like to be remembered as " The Minister who began to eradicate poverty" but he was targeted by pensioners outraged when their pensions were raised by only 75p.

The episode led to a rebellion at Labour's conference in 2000, opposition coming from Labour giant Barbara Castle .

Mr Darling, said to have a knack for mastering complex briefs in record time, was parachuted Into Another " trouble" job in 2002, when Stephen Byers resigned as transport Secretary amid The Collapse of Railtrack.

When his long-time political ally, Gordon Brown , moved to 10 Downing Street in June 2007, Mr Darling, The Quiet man of The Cabinet , replaced him as chancellor.

Many thought he would be a " yes" man, cowering in The Shadow of his powerful boss.

But he staked out his independence when, in the summer of 2008 - and not long before The Collapse of Lehman Brothers - he warned of the worst financial crisis in 60 years.

This resulted in a backlash from those close to Gordon Brown , with Mr Darling later remarking that the " forces of hell" had been unleashed on him.

And he fell out with his neighbour and boss over the need for spending cuts after the significant increase in government borrowing during the financial crisis.

That disagreement, Lord Darling believes, was what led to Labour's 2010 general election defeat.

During The Brief interregnum after the 2010 election, on A Journey to Brussels, he privately acknowledged The Game was up, and expressed little surprise at the Liberal Democrats handling David Cameron a stable five year majority.

After Labour lost power, Alistair Darling returned to the backbenches. But he took a central role in the Better Together campaign, which campaigned for a " No" vote in the 2014 referendum on Scottish independence.

He made a significant contribution although he reluctantly took on The Role , and felt bruised by the schisms in Scottish society during a brutal campaign. But he joined back up with Gordon Brown , and ultimately played a vital role in keeping The Union together.

He was created Lord Darling of Roulanish, in 2015 but retired from The House of Lords in 2020. He was married to Margaret, and had Two Children , Calum and Anna.

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Source of news: bbc.com

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