Going ape: Sterling and the ERM

Article Abstract:

The 1991 exit of Britain's currency from the European exchange-rate mechanism may be what will cause the Conservative Party to go down in defeat in the 1997 elections. Public confidence in the Conservative-run government never recovered from that humiliation.

Conservative Party (United Kingdom), Monetary policy

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Ready or not: Europe isn't ready for it, but the euro is coming anyway

Article Abstract:

Britain should not join the European Monetary Union until its success is proved. A cautious approach is well worth the risk of losing Europe's goodwill or discouraging foreign investors.

Editorial, Cover Story

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Subjects list: United Kingdom, Economic policy, Political aspects, European Monetary System
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