BusinessPeople In BusinessDarling’s future in balance over recession talk

Darling’s future in balance over recession talk

Darling’s future may hang in the balance over comments of UK’s ‘arguably worst economic downturn in 60 years’

Alistair Darling’s future is said to hang in the balance after a
controversial interview with the Guardian, saying Britain was facing
‘arguably the worst’ economic downturn in 60 years which would be ‘more profound
and long-lasting’ than people had expected.

The Chancellor claimed at the weekend government changes were unlikely, an
assertion that was categorically described as ‘wrong’ by Whitehall insiders who
told The Times that the controversial interview might have harmed his
position.

Tensions between the Treasury and Downing Street are said to threaten Gordon
Brown’s relaunch, starting tomorrow with a package of help for first-time
buyers.

The Chancellor has gone into damage-control, reportedly on Brown’s orders,
insisting he had been talking about world conditions and that Britain was better
placed than before to withstand problems.

Further reading:

Read
The Times story

Read
the Guardian story

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