Black Wednesday, 30 years ago: A British humiliation
September 19, 2022September 16, 1992 marks the 30th anniversary of the ejection of the Pound Sterling from the European Monetary System (EMS), described as a “disastrous day” by then Prime Minister John Major, who never recovered politically. . Then Chancellor of the Exchequer, who had persuaded 7 years earlier his boss a hardly enthusiastic Margaret Thatcher,…