Share this article:
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.
More from LabourList
‘Winning like Mamdani: why Labour must get obsessive about the cost of living’
‘Labour should be proud of Employment Rights Bill – and fight hard to defend it’
‘We’re back in the mainstream’: Corbyn’s old CLP endorses pro-Starmer slate