Conservatives revolt over ERM overcome

Title

Conservatives revolt over ERM overcome

Genre

News report; Parliamentary debate

TX Date

24 Oct 1990

Year of production

1990

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Duration

00:02:55

Description

The Conservative Government has overcome a revolt against the UK joining the European Exchange Rate Mechanism by winning endorsement by 300 votes to 227. During a debate in the House of Commons, Prime Minister Margaret Thatcher allows Chancellor John Major to justify the timing of the decision to join the ERM. Also speeches by Labour Party leader Neil Kinnock; former Chancellor, Nigel Lawson; Liberal Democrat Treasury spokesman, Alan Beith; former Conservative cabinet minister, John Biffen. Paul Rowley reports.

Contributors

Neil Kinnock; Nigel Lawson; John Major; Paul Rowley; John Biffen; Alan Beith

Keywords

Margaret Thatcher; UK; Conservative Party; European union; Economic policy; Europe; Single currency (Europe); International monetary systems

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