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The Latest Breaking News from ERM

Tory ‘economic competence’ led Britain to Black Wednesday. Never forget

The anniversary of Norman Lamont’s failure is a timely reminder to Labour not to have its fiscal agenda set by the opposition

The Guardian - UK

George Soros’s indelible mark on UK runs deeper than Black Wednesday

Breaking Bank of England in 1992 arguably set off wave of Euroscepticism that would engulf British politics

The Guardian - UK

Court allows Trevor St Baker to invoke right against self-incrimination in case alleging corporate misconduct against ERM Power

Exclusive: Former executive suing company of energy baron – who is not personally accused of misconduct – and former directors alleges he uncovered ‘sham transactions’ and insider trading

The Guardian - AU

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Nigel Lawson: Innovative chancellor who ushered in an economic shift

His various tax reforms made under Thatcher helped move economic policy from Keynesianism to monetarism

The Independent UK

Labour is still in thrall to the low tax regime championed by my friend Nigel Lawson

The key legacy of the former chancellor, who died last week, was to put the fear of god into the party’s leaders

The Guardian - UK

OPINION - Signs of green shoots for our economy? Sadly, I don’t think they exist

For those of a certain maturity, the Nineties offered mixed messages. The overthrow of Margaret Thatcher, the ERM debacle and the humiliation by elements in his own party of John Major were all associated with enduring economic misery. The arrival in 1997 of Tony Blair and Gordon Brown, the independence…

Evening Standard

Project launched to create 'hydrogen highway' to Rotterdam

A variety of partners will now undertake engineering studies to develop a pilot as a precursor to large-scale export

Insider UK

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Why Black Wednesday still matters – it was the start of markets telling politicians what to do

I spent Black Wednesday – the day the markets successfully bet against the power of the British government to prop up the pound sterling – on the 28th floor of Dresdner Bank’s headquarters in Frankfurt. I had just been hired as an exchange-student intern in the back office for currency…

The Conversation

Infographic: UK inflation under each prime minister

Liz Truss will assume the role of UK prime minister in a tough economic environment, with inflation at a 40-year high.

Al Jazeera

How Partygate could do for Johnson as Black Wednesday did for Major

The Tory reputation for economic competence was shredded in 1992 but the present PM’s woes go deeper, politically and economically

People

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