- 1 Parliamentary Career
- 2 Awards and appointments
- 3 Personal history
- 4 References
- 1984 Brown attends Democratic National Convention on San Francisco
1987 General Election: Conservative 46% 358 seats; Labour 30% 155 seats; Liberal/SDP alliance 24% 10seats
- 1987 Appointed Shadow Chief Secretary to the Treasury
- 1989 Appointed Shadow Secretary of State for Trade and Industry
1992 General Election: Conservative 42% 336 seats; Labour 34% 271 seats; Liberal Democrats 18% 20seats
- Appointed Shadow Chancellor of the Exchequer
- John Smith replaces Neil Kinnock as Leader of the Opposition.
- 1993 3-day visit to the United States and meeting with Alan Greenspan.
- 1994 Death of John Smith
- 31 May - Meeting with Tony Blair at the Granita restaurant
- 8 September - Strategy conference at the Chewton Glen hotel
1997 General Election: Labour 43% 418 seats; Conservative 31% 165 seats; Liberal Democrats 17% 46seats
Chancellor of the Exchequer 1997-2007
First term 1997-2001
- Bank of England Act 1998, gave the Bank responsibility for setting interest rates to meet the Government's stated inflation target.
- The Comprehensive Spending Review and Public Service Agreement System system is introduced, replacing the former annual spending review process with a longer-term (3-year) commitment, and setting performance targets.
- Five tests for Euro membership
- Code for Fiscal Stability
- Gordon Brown introduces the first pre-budget report - (a progress report, an update of the state of the economy and public finances, and a statement of Government policy in the run up to the spring Budget) after which they were published annually.
- Budget 1997- corporation tax rate cut from 33% to 31% (23 -21 for small firms), windfall tax on private utilities, welfare-to-work scheme.
- Budget 1998- Working Families Tax Credit
- Comprehensive Spending Review
- Budget 1999 - basic income tax rate reduced by 1p to 23p
- Budget 2000
- Comprehensive Spending Review - extra £43 billion for public services in 2001-4
- Financial Services and Markets Act 2000 established the Financial Services Authority to combine the functions of 6 regulatory bodies - supplemented by a three-party memorandum of understanding 
- Budget 2001 - more money for health and education. Increase in child tax credit
2001 General election: Labour 40% 413 seats; Conservative 32% 166 seats; Liberal Democrats 18% 52seats
Second term 2002-2005
- Budget 2002
- Enterprise Act 2002 gives political independence and additional investigatory and punitive powers to the competition authorities
- Budget 2003
- November 2003: Admiralty House meeting with Tony Blair at which an agreement concerning Gordon Brown's succession as PM
- Budget 2004
- Report of Gershon Review of efficiency in the public services
- Budget 2005
- Better Regulation Commission
- Gleneagles Summit 2005 G8 leaders under Gordon Brown's chairmanship agree to double aid for Africa by 2010.
2005 General election: Labour 35% 356 seats; Conservative 32% 198 seats; Liberal Democrats 22% 62 seats
Third term 2005-07
Prime Minister 2007-2010
- June. Tony Blair retires, Gordon Brown becomes Prime Minister and Alistair Darling becomes Chancellor of the Exchequer.
- Gordon Brown proposes the transfer to Parliament of parts of the Royal Prerogative powers that are exercised by the Prime Minister
- July. The Governance of Britain: a government Green Paper that proposes a transfer of power from the Executive to Parliament, and increases in its accountability to Parliament
- September. Run on the Northern Rock ban; the Chancellor of the Exchequer authorises liquidity support.
- November. Policy speeches
- Speech on foreign policy. Included "a new framework for security and reconstruction", "new initiatives in non-proliferation" and "the renewal of the international institutions".
- Speech on climate change. A proposal for a global carbon market.
- November. A credit crunch begins as the UK banking system suffers losses as a result of the subprime mortgage crisis
- February. The Northern Rock bank is "nationalised .
- March. The Governance of Britain - Constitutional Renewal. White Paper on government proposals including Parliamentary powers concerning the ratification of treaties and the deployment of the armed forces
- April. Bank of England announces its Special Liquidity Scheme to allow banks to swap some of their illiquid assets for liquid Treasury Bills for up to three years .
- The collapse of the United States Lehman Brothers investment bank triggers the culminating stage of the financial crash of 2008
- New York visit. Discussions with President Bush and Tim Geithner (President, New York Fed) about the need for bank recapitalisation
- Speech to the United Nations on the need for concerted action.
- The government launches a £500 billion bank rescue plan   including powers to take equity stakes in ailing banks and an unlimited undertaking to guarantee bank loans.
- Paris meetings with President Sarkozy, Chancellor Merkel and Prime Ministers Berlusconi and Barroso.
- Britain's bank rescue plan is adopted in the EU and the USA
- The head of the IMF asks for a coordinated fiscal stimulus of 2 per cent of GDP
- Chancellor Darling announces a £20 billion fiscal stimulus including a temporary reduction in value added tax (amounting to about 1 per cent of GDP); and suspends the code for fiscal stability.
- Washington summit of G20 agrees to take whatever further actions are necessary to stabilize the financial system, and use monetary policy and fiscal measures to stimulate domestic demand while maintaining a policy framework conducive to fiscal sustainability (but leaders fail to agree to coordinate their measures).
- January. The Chancellor authorises the Bank of England to set up a Treasury-financed Asset Purchase Facility to buy high-quality assets for the purpose of quantitative easing operations .
- April. London G20 summit
- May. An IMF team expresses confidence in the government's policies and concludes that "...we expect the authorities to deliver domestic and external stability and set the stage for a sustainable recovery".
- September Financial Services Bill 
- October. The end of the recession and the beginning of a gradual recovery.
- December. Gordon Brown addresses the Copenhagen Conference on climate change
- February. The Fiscal Responsibility Act - imposes a duty on the Treasury to ensure that by the financial year ending 2014 public sector net borrowing as a percentage of GDP is at least halved from its level for the financial year ending 2010, and to make continuing reductions thereafter.
- February. The Hillsborough Castle Agreement on the continuation of Northern Ireland devolution 
- April. Constitutional Reform and Governance Act: provides for the Parliamentary scrutiny of treaties before ratification. (Other proposals in the original Bill were abandoned)
- May. The Labour Party loses power in the general election and Gordon Brown resigns as Prime Minister.
2010 General election: Conservative 36% 306 seats; Liberal Democrats 23% 57 seats, Labour 29% 258 seats.
Awards and appointments
- Membership of the Privy Council 1996.
- Chair of the International Monetary and Finance Committee 1999-2007
- World Statesman Award 2009  by the Appeal of Conscience Foundation
- 1951 Born, Glasgow, Son of John Brown, a Presbeterian church minister
- 1954 The family move to Kirkaldy
- 1961 Starts at Kirkaldy High School
- 1966 Passes Higher School Certificate (A-level equivalent) examinations with 5 A grades
- 1967 Starts at Edinburgh University
- becomes a serious Rugby player, but sporting career is ended by an accident in which he loses the sight of his left eye
- 1970 Awarded a Master of Arts (with 1st class honours)
- 1973 Elected Student Rector, Edinburgh University
- Becomes a member of the Scottish Labour Party's National Executive
- 1976: Politics lecturer, Glasgow College of Technology
- Selected as prospective parliamentary candidate for Edinburgh South
- 1980: Journalist (current affairs) Scottish Television
- 1982: Doctor of Philosophy, Edinburgh University
- 1983: Selected as prospective parliamentary candidate for Dunfermline East - and elected to parliament
- 1996: Appointed Member of Privy Council
- 2000: Marriage to Sarah Macaulay
- 2001: Birth of daughter, Jennifer Jane
- 2002: Death of Jennifer Jane
- 2004: Birth of first son, James Macaulay
- 2006: Birth in July of second son, James Frazer, found in November to be suffering from cystic fibrosis
- 2010: Decides to devote himself to 3 world charities
- Pre-budget reports 1997-2009
- Tony Blair: A Journey, page 497, Hutchinson, 2010
- Rescue Plan for UK Banks Unveiled, BBC News 8 October 2008
- Government statement on financial support 8 October 2008
- Paul Krugman: Gordon Does Good, New York Times, October 12 2008
- Fiscal Responsibility Act, Stationery Office, February 2010