ALTIF transcripts: Remembering Black Wednesday Part One (Sir Paul Tucker, Jonathan Portes, and Duncan Weldon.)
On 16 September 1992, after an “extremely difficult and turbulent day”, sterling was driven out of the Exchange Rate Mechanism, shattering the central economic policy of John Major’s government and arguably setting Britain on a path to the fringes of, and ultimately the exit from, the European Union. In the first of a three-part series, […]
