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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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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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Some do, some manifestly don't, get it ... What happened with Goldman Sachs last week sends the wrong signals.
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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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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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When the history of this period is written, this country and this party will be proud. Proud that the people who led the way in stopping recession turning into global depression were our government and our Prime Minister Gordon Brown
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At every stage, the Tories have misunderstood the causes of the crisis. Underestimated its severity. And opposed the measures to limit its impact
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As the financial crisis turned into the deepest global recession since the 1930s, they alone said we should do nothing to support the economy
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Every step to limit the severity of this recession and the damage to families they opposed ... At every stage, the Tories have misunderstood the causes of the crisis, underestimated its severity and opposed the measures to limit its impact.
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This is an issue we have to come back to ... If we want to get countries like China at the international table, we have to make sure they are represented. If China is not properly represented, it will just not work.
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This is an issue we have to come back to ... If we want to get countries like China at the international table, we have to make sure they are represented. If China is not properly represented, it will just not work.
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It’s frankly that banks started buying and selling products they didn’t understand. It’s hardly surprising then that there’s this almighty car crash. The tragedy is that is wasn’t them that suffered, it was everybody else because the world economy then plunged into a recession.
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One of the things that is a risk to us is companies, principally financial companies, that go and cut themselves off and hide behind a regulatory haze on a Caribbean island: companies don't tend to go to the Caribbean for the lovely weather
About Alistair Darling
Wikipedia
Alistair Maclean Darling (28 November 1953) is a British politician and Chancellor of the Exchequer since 28 June 2007. He is Labour Party Member of Parliament for Edinburgh South West in Scotland. Full Article
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Britain's Finance Minister Alistair Darling (R) is applauded by Prime Minister Gordon Brown (2nd L) and Leader of the House of Commons and Minister for Women and Equality, Harriet Harman (L) after his speech at the annual Labour Party Conference at the Brighton Centre, Brighton, on Sept...
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Britain's Chancellor of the Exchequer Alistair Darling gives his speech to the Labour Party Conference in Brighton, southern England, on September 28, 2009.
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BRIGHTON, ENGLAND - SEPTEMBER 28: Prime Minister Gordon Brown (R) sits next to Chancellor of the Exchequer Alistair Darling during the Labour Party Conference on September 28, 2009 in Brighton, England. The Chancellor said in his speech to the delegates that banks should cut bonuses.
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BRIGHTON, ENGLAND - SEPTEMBER 28: Chancellor of the Exchequer Alistair Darling (R), shakes hands with Prime Minister Gordon Brown after giving his speech during the Labour Party Conference after delivering his speech on September 28, 2009 in Brighton, England.
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BRIGHTON, ENGLAND - SEPTEMBER 28: Chancellor of the Exchequer Alistair Darling delivers his speech to the Labour Party Conference on September 28, 2009 in Brighton, England. The Chancellor said that banks should cut bonuses in his speech to delegates.
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BRIGHTON, ENGLAND - SEPTEMBER 28: Chancellor of the Exchequer Alistair Darling (C), surrounded by Prime Minister Gordon Brown and Deputy Leader of the Labour Party Harriet Harman, waves as he receives applause from the crowd at the Labour Party Conference after delivering his speech on...
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Britain's Chancellor of the Exchequer Alistair Darling (C) reacts while receiving applause following his speech alongside Prime Minister Gordon Brown (R) and Leader of the Commons Harriet Harman (L) at the Labour Party Conference in Brighton, southern England, on September 28, 2009.
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BRIGHTON, ENGLAND - SEPTEMBER 28: Prime Minister Gordon Brown congratulates Chancellor of the Exchequer Alistair Darling (L) after his speech to the Labour Party Conference on September 28, 2009 in Brighton, England.
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BRIGHTON, ENGLAND - SEPTEMBER 28: Chancellor of the Exchequer Alistair Darling waits to speak at The Labour Party Conference on September 28, 2009 in Brighton, England. The Chancellor said that banks should cut bonuses in his speech to delegates.
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Britain's Foreign Secretary David Milliband arrives 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 Foreign Secretary David Milliband (2nd R) and Business Secretary Peter Mandelson (R) listen to a 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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BRIGHTON, ENGLAND - SEPTEMBER 28: Chancellor of the Exchequer Alistair Darling delivers his speech to the Labour Party Conference on September 28, 2009 in Brighton, England. The Chancellor said that banks should cut bonuses in his speech to delegates.
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BRIGHTON, ENGLAND - SEPTEMBER 28: Chancellor of the Exchequer Alistair Darling delivers his speech to the Labour Party Conference on September 28, 2009 in Brighton, England. The Chancellor said that banks should cut bonuses in his speech to delegates.
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BRIGHTON, ENGLAND - SEPTEMBER 28: Prime Minister Gordon Brown listens to Chancellor of the Exchequer Alistair Darling speaking at The Labour Party Conference on September 28, 2009 in Brighton, England. The Chancellor said that banks should cut bonuses in his speech to delegates.
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BRIGHTON, ENGLAND - SEPTEMBER 28: Chancellor of the Exchequer Alistair Darling speaks at The Labour Party Conference on September 28, 2009 in Brighton, England. The Chancellor said that banks should cut bonuses in his speech to delegates.
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Britain's Chancellor of the Exchequer Alistair Darling reacts following his speech to the Labour Party Conference in Brighton, southern England, on September 28, 2009.
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The audience looks on while Britain's Chancellor of the Exchequer Alistair Darling, gives his speech to the Labour Party Conference in Brighton, southern England, on September 28, 2009.
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BRIGHTON, ENGLAND - SEPTEMBER 28: Foreign Secretary David Miliband (L) and Business Secretary Lord Mandelson listen to Chancellor of the Exchequer Alistair Darling speak on the second day of the Labour Party Conference on September 28, 2009 in Brighton, England.
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BRIGHTON, ENGLAND - SEPTEMBER 28: Foreign Secretary David Miliband (L) and Business Secretary Lord Mandelson listen to Chancellor of the Exchequer Alistair Darling speak on the second day of the Labour Party Conference on September 28, 2009 in Brighton, England.
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BRIGHTON, ENGLAND - SEPTEMBER 28: British Prime Minister Gordon Brown listens to Chancellor of the Exchequer Alistair Darling speaking at The Labour Party Conference on September 28, 2009 in Brighton, England. The Chancellor said that banks should cut bonuses in his speech to delegates.
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Protestors from 'Vote for a Change' wear masks of British Finance Minister Alistair Darling, (2nd L) former Communities Secretary Hazel Blears, (L) Prime Minister Gordon Brown (2nd R) and Opposition Conservative party leader David Cameron (R) as they demonstrate outside the Brighton Cen...
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BRIGHTON, ENGLAND - SEPTEMBER 28: Chancellor of the Exchequer Alistair Darling speaks at The Labour Party Conference on September 28, 2009 in Brighton, England. The Chancellor said that banks should cut bonuses in his speech to delegates.
View Photo » -
Getty Images
BRIGHTON, ENGLAND - SEPTEMBER 28: Chancellor of the Exchequer Alistair Darling speaks at The Labour Party Conference on September 28, 2009 in Brighton, England. The Chancellor said that banks should cut bonuses in his speech to delegates.
View Photo » -
Getty Images
BRIGHTON, ENGLAND - SEPTEMBER 28: Chancellor of the Exchequer Alistair Darling speaks at The Labour Party Conference on September 28, 2009 in Brighton, England. The Chancellor said that banks should cut bonuses in his speech to delegates.
View Photo » -
Getty Images
BRIGHTON, ENGLAND - SEPTEMBER 28: Chancellor of the Exchequer Alistair Darling speaks at The Labour Party Conference on September 28, 2009 in Brighton, England. The Chancellor said that banks should cut bonuses in his speech to delegates.
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Britain's Chancellor of the Exchequer Alistair Darling gives his speech to the Labour Party Conference in Brighton, southern England, on September 28, 2009.
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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...
-
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
-
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.
-
The IMF does need reforming
-
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.
-
The UK's top five banks have committed to leading the way in implementing reforms to bank remuneration agreed by the G20 in Pittsburgh
-
Germany, France and Japan are showing signs of growth. Many independent forecasters now believe the UK too is coming out of recession
-
When the history of this period is written, this country and this party will be proud. Proud that the people who led the way in stopping recession turning into global depression were our government and our Prime Minister Gordon Brown
-
At every stage, the Tories have misunderstood the causes of the crisis. Underestimated its severity. And opposed the measures to limit its impact
-
As the financial crisis turned into the deepest global recession since the 1930s, they alone said we should do nothing to support the economy
-
Every step to limit the severity of this recession and the damage to families they opposed ... At every stage, the Tories have misunderstood the causes of the crisis, underestimated its severity and opposed the measures to limit its impact.
-
This is an issue we have to come back to ... If we want to get countries like China at the international table, we have to make sure they are represented. If China is not properly represented, it will just not work.
-
This is an issue we have to come back to ... If we want to get countries like China at the international table, we have to make sure they are represented. If China is not properly represented, it will just not work.
-
It’s frankly that banks started buying and selling products they didn’t understand. It’s hardly surprising then that there’s this almighty car crash. The tragedy is that is wasn’t them that suffered, it was everybody else because the world economy then plunged into a recession.
-
One of the things that is a risk to us is companies, principally financial companies, that go and cut themselves off and hide behind a regulatory haze on a Caribbean island: companies don't tend to go to the Caribbean for the lovely weather
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