Article 320T7 Darling: Brexit would not have happened without banking crisis

Darling: Brexit would not have happened without banking crisis

by
Jill Treanor
from on (#320T7)

Former chancellor admits government lost control for a few days 10 years ago and says people have felt 'badly treated' since

The UK would not have voted for Brexit had it not been for the banking crisis that began 10 years ago with the run on Northern Rock, according to the former chancellor Alistair Darling.

Lord Darling admitted the Labour government "lost control" for a few days around this time 10 years ago when customers were queuing outside branches of the lender to withdraw their cash, and said the consequences were still being felt today.

Related: UK's high street banks are accident waiting to happen, says report

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