Black Wednesday

Title

Black Wednesday

Genre

News report; Interview; Documentary; Press conference; Speech; Parliamentary debate; News bulletin

TX Date

5 Sep 1993

Year of production

1993

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Duration

00:48:42

Description

Black Wednesday. The last programme in the LBC Documentary Series. Documentary, presented by Martin Young, on the anniversary of Britain’s withdrawal from the European Exchange Rate Mechanism (ERM). The entry into the ERM was seen as a tool to reduce inflation and interest rates but ultimately the experiment failed. Includes archive statements by former Chancellor Norman Lamont (male interviewer not identified); Prime Minister, John Major; former prime minister, Margaret Thatcher; archive LBC news bulletin read by Brian Widlake; report by Robin Amlot; interviews with David Cocker, currency strategist with Chemical Bank; Neil MacKinnon(?), chief economist with Citibank; John Maples, former economic secretary at the Treasury; David Shaw, investment strategist with Legal and General Investments; John Sheppard(?), chief economist with Yamaichi International; Andrew Sentance, CBI; Peter Pietsch of Commerz Bank. Programme producer: Lawrie(?) Douglas. Breaks in recording where commercial breaks edited out.

Contributors

Margaret Thatcher; Norman Lamont; John Major; Martin Young; Robin Amlot; Brian Widlake; David Shaw; John Maples; Andrew Sentance; David Cocker; Peter Pietsch; Lawrie(?) Douglas; Neil MacKinnon(?); John Sheppard(?)

Keywords

Government; Economics; UK; Conservative Party; Exchange rates; Economic policy; Prime ministers; Europe; Government policy; National economy; Currencies; Single currency (Europe); Cabinet ministers; John Major; Norman Lamont; Anniversaries; EC; ERM

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