Hints and tips:
...The fiscal event, which set out £45bn of unfunded tax cuts, triggered a jump in UK government borrowing costs, a fall in sterling to its weakest-ever level against the US dollar and a crisis in parts of...
...Lord Lawson of Blaby, who has died at the age of 91, was one of the most consequential and longest-serving British chancellors of the 20th century, playing a pivotal role in Margaret Thatcher’s free-market...
...For Margaret Thatcher, Sir Bernard Ingham was a “tough, blunt, humorous Yorkshireman” who “never let me down”....
...Overall, the UK equity market roughly doubled in the five years after Margaret Thatcher’s election in 1979, while the cost of living rose by around 70 per cent....
...He then guides the reader through Margaret Thatcher’s supply-side reforms in the 1980s, on to sterling’s departure from the European Exchange Rate Mechanism on “Black Wednesday” in September 1992, through...
...In one camp are the spiritual descendants of Margaret Thatcher, the former British prime minister who sought to balance budgets, arguing that “good Conservatives always pay their bills”....
...Sterling also fell as much as 3.7 per cent against the euro to €1.0787, reaching the lowest level since September 2020....
...The UK government’s fiscal plan has increased economic uncertainty and raised the odds of a global recession, a top US Federal Reserve official warned after sterling touched a record low....
...By the evening of Friday, September 23, sterling was down 4 per cent against the dollar to below $1.09. On the following Monday, September 26, sterling reached an all-time low against the dollar....
...Sterling’s recovery in recent days reflects increased confidence that it will follow: a large interest rate rise is coming on November 3....
...The 1980s Big Bang was a deregulatory push enforced on unwilling institutions by Margaret Thatcher’s government; much of this one is endorsed by the City....
...Despite the claims made during the Tory leadership contest Truss certainly isn’t the reincarnation of Margaret Thatcher, who believed in balanced budgets....
...The many civil servants Margaret Thatcher sent to Brussels to design the single market can be re-employed destroying it....
...Margaret Howell linen tie, £95. Jimmy Choo leather shoes, £750....
...China has never forgotten that the bank financed much of the indemnity paid by the Qing empire to Japan after its defeat in the war of 1895, some £54mn in the money of the time, fixed in sterling on the...
...So did pound sterling. And the 42 year old may just be what the Conservative party needs right now. To find out more, I’m joined by our chief features writer, Henry Mance. Hi, Henry....
...A dramatic fall in sterling was followed by a rise in gilt yields, emergency intervention by the Bank of England and a painful jump in mortgage rates....
...The right prime minister must be capable of wooing, as Margaret Thatcher did in the 1980s, the investors and business people who will make or break our economy....
...Her defeat set in motion a chain of events that led a decade later to an unprecedented winter of industrial action and in May 1979 to Margaret Thatcher’s win....
...Margaret Howell poplin shirt, £335, and silk tie, £95 Rajpreet Sandhu, 22, a law student, wears Louis Vuitton wool and llama-hair coat, £3,500, wool padded waistcoat, £1,600, cotton knit top, £430, wool...
...“There was a reason for some of Margaret Thatcher’s reforms. The labour market today is more robust and the Bank is operationally independent.”...
...Macmillan had to change tack when, as chancellor, he realised that the US, which opposed the action, could undermine sterling, causing the British economy to collapse....
...Before the pandemic, the CER estimated that the effects of depreciation of sterling and foregone consumption and investment had reduced GDP by 1 to 3 per cent....
...But Margaret Thatcher’s country was very different from Clement Attlee’s....
...The supply-side reforms of the new Conservative prime minister Margaret Thatcher, whom Hogg grew to admire, inflated sterling’s value but torpedoed Courtaulds’ business model....
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