Mr. Major's Medicine
- Episode aired Nov 12, 1990
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The Chancellor of the Exchequer's decision to take Britain into the Exchange Rate Mechanism provoked short-lived euphoria. Now the British economy has to conquer inflation and compete in Eur... Read allThe Chancellor of the Exchequer's decision to take Britain into the Exchange Rate Mechanism provoked short-lived euphoria. Now the British economy has to conquer inflation and compete in Europe with a fixed rate for the pound.The Chancellor of the Exchequer's decision to take Britain into the Exchange Rate Mechanism provoked short-lived euphoria. Now the British economy has to conquer inflation and compete in Europe with a fixed rate for the pound.