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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.
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