Tubby Mondays
Well-known member
32 years ago today.
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[Politics] Black Wednesday
- Thread starter Tubby Mondays
- Start date
Nobby Cybergoat
Well-known member
- Jul 19, 2021
- 8,622
But at least the tories have fastidiously rebuilt their reputation for economic competence in the intervening years
Weststander
Well-known member
The obsession with the ERM (and eventual €). Naive, Soros and the markets had a field day with Major/Lamont’s baseless experiment, at our expense. Well done hapless John.
The silver lining was the appointment of Ken Clarke who built a recovery that lasted until 2017.
The silver lining was the appointment of Ken Clarke who built a recovery that lasted until 2017.
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Tubby Mondays
Well-known member
- Thread starter
- #5
2017?!
LamieRobertson
Not awoke
Was that the day base rates jumped from 12% to 15%?
i remember interviewing a couple running a restaurant in East Sussex who were in arrears with their commercial mortgage …..came out after ….heard the news and thought they’re f****d
i remember interviewing a couple running a restaurant in East Sussex who were in arrears with their commercial mortgage …..came out after ….heard the news and thought they’re f****d
LamieRobertson
Not awoke
Just after 2016
Crawley Dingo
Political thread tourist.
- Mar 31, 2022
- 1,080
These days they would just be known as Remainers not Tories.
Tubby Mondays
Well-known member
- Thread starter
- #9
Tubby Mondays
Well-known member
- Thread starter
- #10
So not 1997 then?
Weststander
Well-known member
Major raised interest rates from 10% to 12% in the morning, to 15% in the afternoon. The next day back to 10%.
LamieRobertson
Not awoke
I forgot that bit in the morning …..as you said linked to the ERM and the Deutsche Mark
Weststander
Well-known member
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Beach Hut
Brighton Bhuna Boy
Good old Lamont went home and sang in the bath after that car crash
Comrade Sam
Comrade Sam
I was off to Corsica for a week's holiday. I'd saved £100 to spend but couldn't be arsed to change it till the Thursday and lost 20%.
Dick Swiveller
Well-known member
- Sep 9, 2011
- 9,524
Was Norman Lamont the one with the yoghurt pot on his head?
#nichereference
#nichereference
Now that is a PM with his finger on the pulse, reacting to events real time
Yes. He's also the one who made Julian Clary late.
