Labour’s Denis Healey dies at 98
3 October 2015
From the section UK Politics
Former chancellor Denis Healey has died at the age of 98, his family has announced.
Lord Healey was Labour’s chancellor of the exchequer from 1974 to 1979 before becoming deputy party leader in opposition in 1980.
He served as an MP for Leeds for 40 years from 1952 before joining the House of Lords in 1992.
His family said he died peacefully at his home in Sussex on Saturday morning, after a short illness.
The former defence secretary also came close to winning the Labour leadership in 1980, finishing just 10 votes behind winner Michael Foot.
BBC political correspondent Iain Watson said Lord Healey’s death marked the end of an era in Labour’s history.
Labour leader Jeremy Corbyn tweeted: “Denis Healey was a Labour giant whose record of service to party and country stands as his testament. All our thoughts are with his family.”
A defining moment in his career was when, as chancellor, he applied for an emergency loan from the the International Monetary Fund in an effort to save the pound from collapse.
Source:: BBC UK