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Just half a mile from the Houses of Parliament, the pub is a second home to many in the civil service. But they were not expecting the deluge they witnessed on Tuesday evening last week. Full Article at The Telegraph
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Mervyn King will reveal the Bank of England's forecasts for the crucial pre-election period this week, amid a furious row among some of Britain's most prominent economists about whether the recession is already over. Full Article at Guardian Unlimited
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AP Business Writer Copyright 2009, The Associated Press. The information contained in the AP Online news report may not be published, broadcast or redistributed without the prior written authority of The Associated Press. Full Article at LufkinDailyNews.com
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U.S. Treasury Secretary Timothy Geithner speaks with British Treasury chief Alistair Darling, right, as they pose for a group photo during the G20 Finance Ministers meeting at St. Andrews, Scotland, Saturday, Nov. 7, 2009. Full Article at Canoe
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Stonily quiet at the back of a big, blank office on a weird, wind-whipped Essex trading estate, Sir Alan Sugar — ’skewze me, Lord Sugar — looks small, angry and alone. Full Article at Times Online
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Prime Minister Gordon Brown's idea of a financial transactions tax has received a lukewarm response from G20 countries. The money raised would act as a fund for bank bailouts. Full Article at BBC News
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ST. ANDREWS, Scotland — British finance minister Alistair Darling urged his G20 counterparts on Saturday to work toward a $100 billion deal on tackling climate change as developing nations held firm they did not want to talk about it. Full Article at EcoEarth News
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ST ANDREWS, Scotland (Reuters) - British finance minister Alistair Darling urged his G20 counterparts on Saturday to work toward a $100 billion deal to tackle climate change but developing nations insisted they did not want to talk about it. Full Article at EcoEarth News
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Chancellor Alistair Darling today urged the world's most powerful finance ministers to treat climate change with the same urgency they gave to the world economic turmoil. Full Article at EcoEarth News
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ST. ANDREWS, Scotland — British finance minister Alistair Darling urged his G20 counterparts on Saturday to work toward a $100 billion deal on tackling climate change as developing nations held firm they did not want to talk about it. Full Article at Vancouver Sun
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British Finance Minister Alistair Darling today urged his G20 counterparts to work toward a $100 billion deal to tackle climate change but developing nations insisted they did not want to talk about it. Full Article at SABC News
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ST. ANDREWS, Scotland - Finance officials from rich and developing countries have pledged to maintain emergency support for their economies until global recovery is assured. Full Article at Atlanta Journal Constitution Vendor
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Scotland - Britain called for consideration of a global tax on financial transactions to insure against another crisis, and urged world finance officials meeting on Saturday in Scotland to agree on bearing the cost of fighting climate change. Full Article at News24
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ST. ANDREWS, Scotland - U.S. Treasury Secretary Timothy Geithner has warned against putting the brakes on economic stimulus measures too quickly, saying that would weaken the economy. Full Article at Atlanta Journal Constitution Vendor
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ST. ANDREWS, Scotland -- Britain called for consideration of a global tax on financial transactions to insure against another crisis, and urged world finance officials meeting Saturday in Scotland to agree on bearing the cost of fighting climate change. Full Article at Chicago Sun-Times
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British Chancellor Alistair Darling called for further cooperation in securing more balanced global economic growth and combating climate change in the future here on Friday during the G20 Finance Minister and Central Bank Governor Meeting. Full Article at People's Daily Online
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British treasury chief Alistair Darling urged the world's top finance officials on Saturday to reach an agreement on bearing the cost of fighting climate change before a UN summit on global warming next month. Full Article at eTaiwan News
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In its last meeting as chair of the Group of 20 before South Korea takes over next year, Britain is attempting to push through discussion of issues it views as critical to future world economic growth. Full Article at Gainesville Sun
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* Group of 20 divided on push to reach climate finance deal * Agreement needed before key Copenhagen summit in Dec * Push follows failure to progress at Barcelona summit (Adds details) By Toni Vorobyova and Anna Willard ST ANDREWS, Scotland, Nov 7 (... Full Article at Reuters Alert Net
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Rifts among the world's top financial officials are threatening to stymie their attempts to secure future global growth and break a deadlock over who bears the cost of fighting climate change. Full Article at Hindustan Times
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ST ANDREWS, SCOTLAND - NOVEMBER 07: G20 finance ministers and bank govenors gather for the family photograph on November 7, 2009 in St Andrews, Scotland.
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ST ANDREWS, SCOTLAND - NOVEMBER 07: G20 finance ministers and bank govenors gather for the family photograph on November 7, 2009 in St Andrews, Scotland.
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ISTANBUL, TURKEY - OCTOBER 3: In this handout image supplied by the IMF, (L-R) French Finance Minister Christine Lagarde, International Monetary Fund Managing Director Dominique Strauss-Kahn, and British Chancellor of the Exchequer Alistair Darling, pose for a picture prior to the SDR...
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ISTANBUL, TURKEY - OCTOBER 3: In this handout image supplied by the IMF, British Chancellor of the Exchequer Alistair Darling (L), French Finance Minister Christine Lagarde (C) and U.S. Treasury Secretary Tim Geithner (R) talk after their G-7 meeting at the Istanbul Congress Center Oct...
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British Chancellor of the Exchequer Alistair Darling (L), French Finance Minister Christine Lagarde (C) and U.S. Treasury Secretary Tim Geithner (R) talk after their G7 meeting at the Istanbul Congress Center October 3, 2009.
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England National Bank executive director Andrew Bailey (L) talks with Chancellor of the Exchequer Alistair Darling at the begining of the working session of the informal ECOFIN meeting at the Eriksberghallen in Gothenburg on October 1, 2009.
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EU Commisisioner responsable for the Economy and Monetary Affairs Joaquim Almunia, Spanish Minister of Economy and Finance Elena Salgado, Swedish Minister of Finance Anders Borg, Chancellor of the Exchequer Alistair Darling (LtR) talking before the family photo of ministers of Finance...
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England National Bank executive director Andrew Bailey (L) smiles with chancelor of the Exchequer Alistair Darling at the begining of the working session of the informal ECOFIN meeting at the Eriksberghallen in Gothenburg on October 1, 2009.
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BRIGHTON, ENGLAND - SEPTEMBER 29: Members of the cabinet listen to Prime Minister Gordon Brown address the Labour Party Conference on September 29, 2009 in Brighton, England.
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British Labour Party Ministers David Miliband, (R) Alan Johnson (2nd R) Peter Mandelson (3rd R) Harriet Harman, (3rd L) Alistair Darling (2nd L) and Jack Straw (L) are pictured during Prime Minister Gordon Brown's speech at the annual Labour Party Conference at the Brighton Centre, Brig...
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BRIGHTON, ENGLAND - SEPTEMBER 29: Members of the Cabinet (L-R) Jack Straw, Alistair Darling, Harriet Harman, Lord Mandelson, Alan Johnson and David Miliband listen to Prime Minister Gordon Brown as he speaks to the Labour Party Conference on September 29, 2009 in Brighton, England.
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Britain's Foreign secretary David Miliband (L) speaks with Justice Secretary Jack straw and Chancellor Alistair Darling (R) as they wait for Prime Minister Gordon Brown to give his speech at the Labour Party Conference, in Brighton in southern England September 29, 2009.
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Britain's Chancellor of the Exchequer Alistair Darling (C) reacts while receiving applause beside Prime Minister Gordon Brown (R) and Leader of the Commons Harriet Harman (L) following his speech to the Labour Party Conference in Brighton, southern England, on September 28, 2009.
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Britain's Prime Minister Gordon Brown (L) shakes the hand of Chancellor of the Exchequer Alistair Darling following his speech to the Labour Party Conference in Brighton, southern England, on September 28, 2009.
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Britain's Chancellor of the Exchequer Alistair Darling is pictured at the annual Labour Party Conference at the Brighton Centre, in Brighton, southern England, on September 28, 2009.
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Britain's Chancellor of the Exchequer Alistair Darling gives a speech at the annual Labour Party Conference at the Brighton Centre, in Brighton, southern England, on September 28, 2009.
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Britain's Chancellor of the Exchequer Alistair Darling (L) and Prime Minister Gordon Brown (R) are pictured at the annual Labour Party Conference at the Brighton Centre, Brighton, southern England, on September 28, 2009.
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BRIGHTON, ENGLAND - SEPTEMBER 28: A lone delegate sits in banked seating as he listens to Chancellor of the Exchequer, Alistair Darling's speech at the Labour Party Conference on September 28, 2009 in Brighton, England.
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Britain's Finance Minister Alistair Darling is applauded after his speech at the annual Labour Party Conference at the Brighton Centre, Brighton, on September 28, 2009.
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Britain's Finance Minister Alistair Darling (L) is applauded by Prime Minister Gordon Brown after his speech at the annual Labour Party Conference at the Brighton Centre, in southern England, on September 28, 2009.
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Britain's Finance Minister Alistair Darling is pictured at the annual Labour Party Conference at the Brighton Centre, in southern England, on September 28, 2009.
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Britain's Business Secretary Peter Mandelson arrives at the hall ahead of the speech by Chancellor of the Exchequer Alistair Darling at the Labour Party Conference in Brighton, southern England, on September 28, 2009.
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Britain's Finance Minister Alistair Darling (R) is applauded by Prime Minister Gordon Brown (L) after his speech at the annual Labour Party Conference at the Brighton Centre, Brighton, on September 28, 2009.
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Britain's Prime Minister Gordon Brown (L) shakes the hand of Chancellor of the Exchequer Alistair Darling following his speech to the Labour Party Conference in Brighton, southern England, on September 28, 2009.
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Britain's Chancellor of the Exchequer Alistair Darling (C) accepts applause from Prime Minister Gordon Brown (R) and Leader of the Commons Harriet Harman (L) following his speech to the Labour Party Conference in Brighton, southern England, on September 28, 2009.
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ST ANDREWS, SCOTLAND - NOVEMBER 07: G20 finance ministers and bank govenors gather for the family photograph on November 7, 2009 in St Andrews, Scotland.
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The key challenge is to ensure the next decade is one of growth and not one of low growth and high unemployment
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Without the prime minister's backing, this wouldn't have happened. This also reflects a recognition by the chancellor, Alistair Darling, of the importance of arts and culture. It has always been my view that to pull the plug on these projects would have been political madness and also have run against t...
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Finance ministers must be engaged because if there isn't an agreement on contributions, the Copenhagen agreement is going to be much more difficult
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Perry is going to tie down Alistair Darling on a runway at Heathrow, and has asked Sir Richard Branson to mow him down with one of the Virgin Atlantic airliners.
SOURCE: The Telegraph -
It really is important that we as finance ministers are engaged in (finding consensus), because if there isn't an agreement on finance ... then the Copenhagen agreement is going to be much, much more difficult.
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is that we've been through three-party political conferences but when you look at what needs to happen in terms of building a low carbon economy, creating green jobs and helping to save the world from climate change, the fact is that George Osborne, Shadow Chancellor, didn't spend one word talking about...
SOURCE: ddi News -
I think it really is imperative that when we reach the end of the day that we have shown that we have made some real progress ... If there isn't an agreement on finance ... then the Copenhagen agreement is going to be much, much more difficult.
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What does it say about Gordon Brown that he got into a trial of strength with Alistair Darling, and lost ... The Iron Chancellor has turned into the plastic Prime Minister. These Labour Party politicians are better at writing books about courage than displaying it.
SOURCE: Times Online -
There can be no room for complacency amongst G20 countries this weekend
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Alistair Darling is a remarkably well-regarded MP here in Edinburgh
SOURCE: Edinburgh Daily News -
At the G20 [in Pittsburgh]we agreed that it would be a real mistake to withdraw the stimulus packages before their work was done
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The attack on the Tories was set to intensify today, with Chancellor Alistair Darling due to contrast Labour's record of investment with Conservative plans for deep-rooted spending cuts.
SOURCE: Manchester Evening News -
So the G20 must push for a deal on climate financing and governance - this is an essential part of tackling climate change. The road ahead will be difficult, there are arguments still to be won. But that's no reason to give up, rather it's a reason to redouble our efforts.
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that they are only interested in themselves, or you can take the view that they do actually want to make changes that benefit people. Some are in the first category and some in the second. Alistair Darling is undoubtedly in the second. He is the absolute epitome of a Presbyterian Scottish bank manager w...
– Martin Sixsmith SOURCE: The Independent -
We will be able to split Northern Rock by the end of the year but I'm not going to rush into a sale. We will only sell when the time is right and when the price is right
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We have what we believe is a viable bank [with Northern Rock], which can be sold with private investment coming back in. The remaining assets, they’re not all bad, some of them, you know. If we could take commercial property for example, it may not be worth that much today, but in time it will come back
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Two years ago it looked like Northern Rock had come to an end and I think it is a real tribute to the staff here who have gone through a very difficult two years that they have held everything together
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The worst of the recession is behind us. A year ago, the world banking system and the global economy were staring into the abyss. Today, the financial system is more stable. Confidencemore stable. Confidence is returning across the world economy, in a way few would have thought possible at the beginning...
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What happened with Goldman Sachs last week sends the wrong signals ... I've spoken to all our banks and none of them would be standing here today if the taxpayer hadn't put their hand into their pocket.
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There's a long way to go yet (on climate change) and a lot of reasons to be cautious but all the more reason to show determination
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If we stopped supporting the economy now it would crash. Every country in the world and just about every informed commentator is saying the same thing. The job is not finished. The Tories have been wrong at every turn.
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The IMF does need reforming
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The principle of no taxation without representation is as true today as it ever was. We are one of the largest donors to the IMF at the moment and I feel very strongly that we therefore need to be represented.
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The UK's top five banks have committed to leading the way in implementing reforms to bank remuneration agreed by the G20 in Pittsburgh
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Germany, France and Japan are showing signs of growth. Many independent forecasters now believe the UK too is coming out of recession
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