Tory Chief wants chancellor to be shown the door
February 26, 2008
Exchequer Chancellor Alistair Darling nationalised ailing bank Northern Rock. This did not go down well with Conservative Party leader David Cameron, and as a result he urged UK Prime Minister Gordon Brown to sack Alistair.
David alleged that Mr. Darling has handled the Northern Bank crises and told GMTV “When you’ve got a chancellor who I think everyone would accept has lost all credibility, what I think is right is for the Prime Minister to take to reconstruct his government.”
He continued “At the end of the week, if I was the Prime Minister, I would say to my chancellor that he has to move from his job and that a new chancellor is required to take the country forward and help restore economic credibility.”
The Tory leader supplemented his argument by quoting other instances. He said “Mr. Darling has lost his credibility” after string of disasters, including copying the Conservative’s inheritance tax plans, losing 25 million people’s personal data and being forced into embarrassing u-turns on taxation on non-domiciled residents and capital gains tax.”
According to David Cameron, Alistair should be allowed to continue in his job until emergency legislation to nationalise Northern Rock had been pushed through Parliament.
He said the Black Wednesday crisis of 1992, when he had been a treasury adviser, had taught him it was vital for the chancellor to leave the government after such episodes.
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