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SUMMARY:HM Treasury and its management of the Financial Crisis\, 2007-2009
  - Dr Eleanor Hallam\, HM Treasury and Centre for Financial History
DTSTART:20210315T170000Z
DTEND:20210315T183000Z
UID:TALK150976@talks.cam.ac.uk
CONTACT:Dr Duncan Needham
DESCRIPTION:This paper will discuss HM Treasury's management of the Financ
 ial Crisis of 2008.  Under normal circumstances\, historians would have to
  wait at least two decades before gaining access to the files that capture
  this momentous history.  It is significant\, therefore\, that this paper\
 , and the doctoral thesis it draws upon\, has benefited from unique early 
 access to the Treasury records on the crisis. These have been rigorously a
 nalysed alongside some of the first on-the-record interviews with key past
  and present officials to present the first dispassionate account of how H
 er Majesty's Treasury\, under the Chancellorship of Alistair Darling\, man
 aged the Financial Crisis between 2007 and 2009.  In the retellings of the
  Financial Crisis\, there has been a tendency to present it as a series of
  escalating\, somewhat predictable\, events.  This paper reveals a differe
 nt reality\, shedding light on the deep and persisting sense of uncertaint
 y which threatened the Treasury's ability to respond\, the wider challenge
 s faced by the UK authorities and how these were\, or were not\, overcome.
LOCATION:Zoom
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