Darling Warns Poor Handling of Brexit Risks Another Lost Decade
- Ex-chancellor says leaders must explain trade-offs to voters
- He says credit crunch anger paved the way for Brexit vote
Alistair Darling
Photographer: Chris Ratcliffe/BloombergThis article is for subscribers only.
Britain faces another decade of weak growth and political turmoil unless politicians show leadership on Brexit, former chancellor of the exchequer Alistair Darling said.
In a BBC interview to mark 10 years since the collapse of Northern Rock -- the first U.K. bank to see a run on its deposits in more than a century -- Darling said the credit crunch and the austerity politics that followed had “paved the way for Brexit.”