Chancellor Norman Lamont on ERM withdrawal

Title

Chancellor Norman Lamont on ERM withdrawal

Genre

Interview

TX Date

17 Sep 1992

Year of production

1992

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Duration

00:01:49

Description

Interview on ITN with Chancellor Norman Lamont, where he defends the Government’s decision to withdraw from the European Exchange Rate Mechanism (ERM). Lamont denies opposition claims the economy is in tatters and he says the problems have not been helped because of the lack of cooperation from other countries. Male interviewer not identified.

Contributors

Norman Lamont; ITN

Keywords

Economics; UK; Exchange rates; Economic policy; Interest rates; Europe; International cooperation; Currencies; International monetary systems

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