Black Wednesday 1992: How Britain Crashed Out of the ERM and Made George Soros £1 Billion
On 16 September 1992, the British government spent £27 billion trying to defend the pound's position in the Exchange Rate Mechanism, only…
Sarah Mitchell
Stories tagged “1990s”.
On 16 September 1992, the British government spent £27 billion trying to defend the pound's position in the Exchange Rate Mechanism, only…
Margaret Thatcher's Community Charge — the poll tax — was meant to revolutionise local government finance. Instead, it sparked the largest…