Tory Prime-Minister, John Major had said ‘It’ll be an interesting day’, reminds me of a time when Bank Rate had risen to 15%: in 2015 it is 0.5%. 442 more words
Tags » Norman Lamont
Yesterday Gideon Osborne the chancellor of the ruling Conservative party in Britain revealed to the country his budget proposals. Although on the surface, the intention to phase-in a £9 an hour living (minimum) wage by 2020 sounds progressive, the real intention was to hoodwink the public into thinking this announcement somehow counteracted the effect on the poor resulting from the abolition of working tax credits and the limiting of welfare payments to a maximum of £23,000 per household. 710 more words
I should, like all moral reviewers, start by declaring any interests. Norman Lamont has been on the bill of both gigs I’ve ever organised, namely Dylan Uncovered and Cry of the Cave People. 386 more words
is it coincidence theory or conspiracy theory?
black wednesday 1992
UK taxpayers lost billions as john majors government tried to prop up sterling
in the ERM exchange rate mechanism- britain lost billions buying sterling even though experts say they could have made profit by buying foreign currency instead… 202 more words