Twin peaks: the economy
Article Abstract:
Britain's Chancellor Norman Lamont hopes to deliver two fiscal-year budgets in 1993. The recent devaluation of sterling and interest rate cuts may have initiated a recovery, but Lamont will have to deal with deficits in the budget and balance of payments.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993
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Meltdown
Article Abstract:
Chancellor Norman Lamont withdrew the pound sterling from the ERM and it immediately dropped dramatically in value. The UK's change in policy about the exchange market has strained relations with Germany and the European Community.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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Don't shoot the cyclist
Article Abstract:
The budget proposed by Norman Lamont is not allied with political interests, but it is simply aimed at helping economic recovery. His proposed tax cuts may meet with political opposition.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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