Leaviss: 'Darling did a very good job'


Just weeks away from Chancellor George Osborne's first UK Budget, M&G's Jim Leaviss has controversially praised the efforts of predecessor Alistair Darling.

Now that the new UK government is bedding in and getting ready to unleash austerity upon us, I thought I'd quickly look back at the last Labour government and tell you something that you won't want to hear: the last Chancellor Alistair Darling did a very good job. There were three significant tests given to him during his three-year Chancellorship. Of those, I think that two were passed with flying colours, and on the final test we'll probably never know whether he was right or wrong. The first test was the run on Northern Rock in September 2007. This was the UK's first bank run in 1...

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