The events of September 1992 has been documented by the late Jeremy Heywood, who served as the Chancellor's principal private secretary from 1991 to 1997. Although he passed away in October 2018, his wife Suzanne Heywood has recently published a record of his career in the book: 'What Does Jeremy Think? Jeremy Heywood and the Making of Modern Britain'. The book details the cataclysmic effect of comments made by Helmut Schlesinger, the head of Bundesbank, to the press the day before Black Wednesday crippled the UK economy. From the third quarter of 1992, the UK economy started to falter and required Europe to lower its interest rates to help prevent the economy from free falling.