Summary
AS an apprentice financial reporter in the early 1970s it was my job to chronicle the ups and downs of the stock market and the pound.
They were grim times. The FT index of ordinary shares slid to 230 and a lifeboat had to be launched to rescue second line banks.See the full content of this document
Extract
Back to the Future for Brown
In 1976 Chancellor Denis Healey turned around at Heathrow airport to organise a bail- out from the IMF, as sterling went into freefall on the foreign exchanges.
I was reminded of the high drama of these events this wee...See the full content of this document
Sponsored links
