The Pound Sterling Chronicles: A Ten Year History

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Never has a financial crisis made a private investor an instant celebrity, as the collapse of the pound sterling in 1992 has made George Soros into a household name. As the then Chancellor of the British Treasury, Norman Lamont, was forced by the Tory government of John Major to resign for a currency policy which was rooted well before his time in the Thatcher years, the whole episode served to shape the current ongoing debate around the role by which a single European currency should come to play in the U.K. in the new millennium. This book presents a concise "living history" of the economic and financial life of the United Kingdom during one of the most revolutionary decades in modem memory (1990-2000).