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Nineties Pound Crisis Newspaper

A business lady reads a 1992 edition of the Evening Standard whose headline reports on the 15% load rate after two days when Prime Minister John Major fought the Pound Crisis, in the City of London the capitals financial district, aka The Square Mile, the capitals financial centre, on 18th September 1992, in London, England. Black Wednesday occurred in the United Kingdom on 16 September 1992, when John Majors Conservative government was forced to withdraw the pound sterling from the European Exchange Rate Mechanism ERM after it was unable to keep the pound above its agreed lower limit in the ERM.

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pound_crisis-18-09-1992 1.jpg
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Richard Baker
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1978x3031 / 361.6KB
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A business lady reads a 1992 edition of the Evening Standard whose headline reports on the 15% load rate after two days when Prime Minister John Major fought the Pound Crisis, in the City of London the capitals financial district, aka The Square Mile, the capitals financial centre, on 18th September 1992, in London, England. Black Wednesday occurred in the United Kingdom on 16 September 1992, when John Majors Conservative government was forced to withdraw the pound sterling from the European Exchange Rate Mechanism ERM after it was unable to keep the pound above its agreed lower limit in the ERM.
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