Blackish Monday
The News Agents
00:00
What Is a Pageer?
I've got a distinct sense of dejavous. My mind goes back to 19 92 and the sixteenth of september when the pound crashed out at the exchange rate mechanism. And we shall remember what we used to call devaluation. Usually, historically, is lethal fodi for governments. I don't think there has ever been an occasion where a political act i e the budget could be so readily linked to the enormous fluctuations that we've seen in stirling and in borrowing costs.
Play episode from 05:24
Transcript
