It’s twenty years ago today that Britain crashed out of the ERM. Here’s how the papers reported it at the time:
Norman Lamont’s reputation was in tatters, with the Daily Mail labelling him “The Devalued Chancellor”. He was flanked at the time by a young aide, what was his name again:
Ah yes, David something…
Remember this next time Cameron attacks Balls and Miliband for their work at the Treasury.