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The Times Diary: Civil servant's career of note | News

The Times Diary: Civil servant's career of note | News
thetimes.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thetimes.co.uk Daily Mail and Mail on Sunday newspapers.

Suzanne Heywood , Exchange Rate Mechanism , Civil Service World , What Does Jeremy , Everybody Hurts , Take Me Out , How Deep Is Your , ஸுஸ்யாந் ஹேவுட் , பரிமாற்றம் ரேட் பொறிமுறை , சிவில் சேவை உலகம் , என்ன செய்யும் ஜெர்மி , எல்லோரும் வலிக்கிறது , எடுத்துக்கொள்ளுங்கள் என்னை ஔட் , எப்படி ஆழமான இருக்கிறது உங்கள் ,

The Times Diary: Civil servant's career of note | News

The Times Diary: Civil servant's career of note | News
thetimes.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thetimes.co.uk Daily Mail and Mail on Sunday newspapers.

Suzanne Heywood , Exchange Rate Mechanism , Civil Service World , What Does Jeremy , Everybody Hurts , Take Me Out , How Deep Is Your , ஸுஸ்யாந் ஹேவுட் , பரிமாற்றம் ரேட் பொறிமுறை , சிவில் சேவை உலகம் , என்ன செய்யும் ஜெர்மி , எல்லோரும் வலிக்கிறது , எடுத்துக்கொள்ளுங்கள் என்னை ஔட் , எப்படி ஆழமான இருக்கிறது உங்கள் ,

EU's devastating role in triggering Black Wednesday laid bare - 'Torpedoed the pound!'

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. ....

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EU news: Brussels set 'economic trap' to control UK, insider warned | Politics | News

The ERM started to become problematic for the UK in 1992, as Britain required Europe to lower its interest rates to help prevent the economy from free falling.
However, Germany s Bundesbank refused, prompting the Chancellor, Norman Lamont, to urge Mrs Thatcher s successor to pull out of the mechanism.
However Mr Major, a pro-European, was firmly against severing ties with the bloc, despite several pleas from the Treasury.
This exchange has been documented by the late Jeremy Heywood, who served as the Chancellor s principal private secretary from 1991 to 1997.
The EU set the UK an economic trap with one of its currency mechanisms, it is claimed (Image: Getty) ....

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Tony Blair's secret plot to adopt euro even after it was panned – new explosive revelation

On June 9, 2003 the Chancellor ruled out Britain s entry into the single currency.
In what he described as one of the most momentous economic decisions our country has to take, Mr Brown said only one of five economic tests on euro membership had been met.
The Chancellor s five economic tests covered the degree of convergence of the UK and eurozone economies, the flexibility to cope with shocks, the effect on UK growth and jobs of euro entry, the effect on financial services and the effect on inward investment.
Tony Blair continued to make plans for UK to adopt the Euro, even after his government ruled it out (Image: Getty) ....

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