Darling: Brexit wouldn’t have happened without banking crisis

Ex-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 which began 10 years ago with the run on Northern Rock, according to the former chancellor Lord Darling.

Darling admitted the Labour government “lost control” for a few days at 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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Read the original at Economics | The Guardian.