Faster access than browser!
47 relations: Alan Walters, Chancellor of the Exchequer, Conservative Party (UK), Deutsche Bundesbank, Deutsche Mark, Devaluation, Douglas Hurd, European Exchange Rate Mechanism, European Union, Exchange rate, Fixed exchange-rate system, Freedom of Information Act 2000, Gallup (company), Geoffrey Howe, George Soros, German reunification, HM Treasury, Impossible trinity, Inflation targeting, Interest rate, Italy, John Major, Kenneth Clarke, Maastricht Treaty, Margaret Thatcher, Mentorship, Michael Heseltine, Monetary policy, Nigel Lawson, Norman Lamont, Norman Tebbit, Pound sterling, Presidency of the Council of the European Union, Quantum Group of Funds, Robin Leigh-Pemberton, Baron Kingsdown, Roger Bootle, Sale of UK gold reserves, 1999–2002, Secretary of State for Foreign and Commonwealth Affairs, Short (finance), The Daily Telegraph, The Westminster Hour, Tony Blair, Twin deficits hypothesis, United Kingdom, United Kingdom European Union membership referendum, 2016, United Kingdom general election, 1992, West Germany.
Alan Walters
Sir Alan Arthur Walters (17 June 1926 – 3 January 2009) was a British economist who was best known as the Chief Economic Adviser to Prime Minister Margaret Thatcher from 1981 to 1983 and (after his return from the United States) again for five months in 1989.
New!!: Black Wednesday and Alan Walters · See more »
Chancellor of the Exchequer
The Chancellor and Under-Treasurer of Her Majesty's Exchequer, commonly known as the Chancellor of the Exchequer, or simply the Chancellor, is a senior official within the Government of the United Kingdom and head of Her Majesty's Treasury.
New!!: Black Wednesday and Chancellor of the Exchequer · See more »
Conservative Party (UK)
The Conservative Party, officially the Conservative and Unionist Party, is a centre-right political party in the United Kingdom.
New!!: Black Wednesday and Conservative Party (UK) · See more »
Deutsche Bundesbank
The Deutsche Bundesbank is the central bank of the Federal Republic of Germany and as such part of the European System of Central Banks (ESCB).
New!!: Black Wednesday and Deutsche Bundesbank · See more »
Deutsche Mark
The Deutsche Mark ("German mark"), abbreviated "DM" or, was the official currency of West Germany from 1948 until 1990 and later the unified Germany from 1990 until 2002.
New!!: Black Wednesday and Deutsche Mark · See more »
Devaluation
In modern monetary policy, a devaluation is an official lowering of the value of a country's currency within a fixed exchange rate system, by which the monetary authority formally sets a new fixed rate with respect to a foreign reference currency or currency basket.
New!!: Black Wednesday and Devaluation · See more »
Douglas Hurd
Douglas Richard Hurd, Baron Hurd of Westwell, (born 8 March 1930) is a British Conservative politician who served in the governments of Margaret Thatcher and John Major from 1979 to 1995.
New!!: Black Wednesday and Douglas Hurd · See more »
European Exchange Rate Mechanism
The European Exchange Rate Mechanism (ERM) was a system introduced by the European Economic Community on 13 March 1979, as part of the European Monetary System (EMS), to reduce exchange rate variability and achieve monetary stability in Europe, in preparation for Economic and Monetary Union and the introduction of a single currency, the euro, which took place on 1 January 1999.
New!!: Black Wednesday and European Exchange Rate Mechanism · See more »
European Union
The European Union (EU) is a political and economic union of EUnum member states that are located primarily in Europe.
New!!: Black Wednesday and European Union · See more »
Exchange rate
In finance, an exchange rate is the rate at which one currency will be exchanged for another.
New!!: Black Wednesday and Exchange rate · See more »
Fixed exchange-rate system
A fixed exchange rate, sometimes called a pegged exchange rate, is a type of exchange rate regime where a currency's value is fixed against either the value of another single currency, to a basket of other currencies, or to another measure of value, such as gold.
New!!: Black Wednesday and Fixed exchange-rate system · See more »
Freedom of Information Act 2000
The Freedom of Information Act 2000 (c.36) is an Act of Parliament of the Parliament of the United Kingdom that creates a public "right of access" to information held by public authorities.
New!!: Black Wednesday and Freedom of Information Act 2000 · See more »
Gallup (company)
Gallup, Inc. is an American research-based, global performance-management consulting company.
New!!: Black Wednesday and Gallup (company) · See more »
Geoffrey Howe
Richard Edward Geoffrey Howe, Baron Howe of Aberavon, (20 December 1926 – 9 October 2015), known from 1970 to 1992 as Sir Geoffrey Howe, was a British Conservative politician.
New!!: Black Wednesday and Geoffrey Howe · See more »
George Soros
George Soros, Hon (Soros György,; born György Schwartz; August 12, 1930) is a Hungarian-American investor, business magnate, philanthropist, political activist and author.
New!!: Black Wednesday and George Soros · See more »
German reunification
The German reunification (Deutsche Wiedervereinigung) was the process in 1990 in which the German Democratic Republic (GDR, colloquially East Germany; German: Deutsche Demokratische Republik/DDR) became part of the Federal Republic of Germany (FRG, colloquially West Germany; German: Bundesrepublik Deutschland/BRD) to form the reunited nation of Germany, and when Berlin reunited into a single city, as provided by its then Grundgesetz (constitution) Article 23.
New!!: Black Wednesday and German reunification · See more »
HM Treasury
Her Majesty's Treasury (HM Treasury), sometimes referred to as the Exchequer, or more informally the Treasury, is the British government department responsible for developing and executing the government's public finance policy and economic policy.
New!!: Black Wednesday and HM Treasury · See more »
Impossible trinity
The impossible trinity (also known as the trilemma, or the unholy trinity) is a concept in international economics which states that it is impossible to have all three of the following at the same time.
New!!: Black Wednesday and Impossible trinity · See more »
Inflation targeting
Inflation targeting is a monetary policy regime in which a central bank has an explicit target inflation rate for the medium term and announces this inflation target to the public.
New!!: Black Wednesday and Inflation targeting · See more »
Interest rate
An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited or borrowed (called the principal sum).
New!!: Black Wednesday and Interest rate · See more »
Italy
Italy (Italia), officially the Italian Republic (Repubblica Italiana), is a sovereign state in Europe.
New!!: Black Wednesday and Italy · See more »
John Major
Sir John Major (born 29 March 1943) is a British politician who served as Prime Minister of the United Kingdom and Leader of the Conservative Party from 1990 to 1997.
New!!: Black Wednesday and John Major · See more »
Kenneth Clarke
Kenneth Harry Clarke (born 2 July 1940) is a British Conservative politician who has been the Member of Parliament for Rushcliffe since 1970.
New!!: Black Wednesday and Kenneth Clarke · See more »
Maastricht Treaty
The Treaty on European Union (TEU; also referred to as the Treaty of Maastricht is one of two treaties forming the constitutional basis of the European Union (EU), the other being the Treaty on the Functioning of the European Union (TFEU; also referred to as the Treaty of Rome). The TEU was originally signed on 7 February 1992 by the members of the European Community in Maastricht, Netherlands to further European integration. On 9–10 December 1991, the same city hosted the European Council which drafted the treaty. Upon its entry into force on 1 November 1993 during the Delors Commission, it created the three pillars structure of the European Union and led to the creation of the single European currency, the euro. TEU comprised two novel titles respectively on Common Foreign and Security Policy and Cooperation in the Fields of Justice and Home Affairs, which replaced the former informal intergovernmental cooperation bodies named TREVI and European Political Cooperation on EU Foreign policy coordination. In addition TEU also comprised three titles which amended the three pre-existing community treaties: Treaty establishing the European Atomic Energy Community, Treaty establishing the European Coal and Steel Community, and the Treaty establishing the European Economic Community which had its abbreviation renamed from TEEC to TEC (being known as TFEU since 2007). The Maastricht Treaty (TEU) and all pre-existing treaties, has subsequently been further amended by the treaties of Amsterdam (1997), Nice (2001) and Lisbon (2009).
New!!: Black Wednesday and Maastricht Treaty · See more »
Margaret Thatcher
Margaret Hilda Thatcher, Baroness Thatcher, (13 October 19258 April 2013) was a British stateswoman who served as Prime Minister of the United Kingdom from 1979 to 1990 and Leader of the Conservative Party from 1975 to 1990.
New!!: Black Wednesday and Margaret Thatcher · See more »
Mentorship
Mentorship is a relationship in which a more experienced or more knowledgeable person helps to guide a less experienced or less knowledgeable person.
New!!: Black Wednesday and Mentorship · See more »
Michael Heseltine
Michael Ray Dibdin Heseltine, Baron Heseltine, (born 21 March 1933) is a British Conservative politician and businessman.
New!!: Black Wednesday and Michael Heseltine · See more »
Monetary policy
Monetary policy is the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the monetary base, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency.
New!!: Black Wednesday and Monetary policy · See more »
Nigel Lawson
Nigel Lawson, Baron Lawson of Blaby, (born 11 March 1932) is a British Conservative politician and journalist.
New!!: Black Wednesday and Nigel Lawson · See more »
Norman Lamont
Norman Stewart Hughson Lamont, Baron Lamont of Lerwick, PC (born 8 May 1942) is a British politician and former Conservative MP for Kingston-upon-Thames.
New!!: Black Wednesday and Norman Lamont · See more »
Norman Tebbit
Norman Beresford Tebbit, Baron Tebbit, (born 29 March 1931) is a British politician and life peer.
New!!: Black Wednesday and Norman Tebbit · See more »
Pound sterling
The pound sterling (symbol: £; ISO code: GBP), commonly known as the pound and less commonly referred to as Sterling, is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha.
New!!: Black Wednesday and Pound sterling · See more »
Presidency of the Council of the European Union
The presidency of the Council of the European Union is responsible for the functioning of the Council of the European Union, the upper house of the EU legislature.
New!!: Black Wednesday and Presidency of the Council of the European Union · See more »
Quantum Group of Funds
The Quantum Group of Funds are privately owned hedge funds based in Curaçao (Netherlands Antilles) and Cayman Islands.
New!!: Black Wednesday and Quantum Group of Funds · See more »
Robin Leigh-Pemberton, Baron Kingsdown
Robert "Robin" Leigh-Pemberton, Baron Kingsdown, (5 January 1926 – 24 November 2013) was a British Peer and banker, who served as Governor of the Bank of England from 1983 to 1993.
New!!: Black Wednesday and Robin Leigh-Pemberton, Baron Kingsdown · See more »
Roger Bootle
Roger Bootle is a British economist and a weekly columnist for the Daily Telegraph.
New!!: Black Wednesday and Roger Bootle · See more »
Sale of UK gold reserves, 1999–2002
The sale of UK gold reserves was a policy pursued by HM Treasury over the period between 1999 and 2002, when gold prices were at their lowest in 20 years, following an extended bear market.
New!!: Black Wednesday and Sale of UK gold reserves, 1999–2002 · See more »
Secretary of State for Foreign and Commonwealth Affairs
Her Majesty's Principal Secretary of State for Foreign and Commonwealth Affairs, normally referred to as the Foreign Secretary, is a senior, high-ranking official within the Government of the United Kingdom and head of the Foreign and Commonwealth Office.
New!!: Black Wednesday and Secretary of State for Foreign and Commonwealth Affairs · See more »
Short (finance)
In finance, a short sale (also known as a short, shorting, or going short) is the sale of an asset (securities or other financial instrument) that the seller does not own.
New!!: Black Wednesday and Short (finance) · See more »
The Daily Telegraph
The Daily Telegraph, commonly referred to simply as The Telegraph, is a national British daily broadsheet newspaper published in London by Telegraph Media Group and distributed across the United Kingdom and internationally.
New!!: Black Wednesday and The Daily Telegraph · See more »
The Westminster Hour
The Westminster Hour is a British political news review, broadcast on BBC Radio 4 each Sunday evening between 22:00 and 23:00 (starting with a national and international news bulletin).
New!!: Black Wednesday and The Westminster Hour · See more »
Tony Blair
Anthony Charles Lynton Blair (born 6 May 1953) is a British politician who served as Prime Minister of the United Kingdom from 1997 to 2007 and Leader of the Labour Party from 1994 to 2007.
New!!: Black Wednesday and Tony Blair · See more »
Twin deficits hypothesis
In macroeconomics, the twin deficits hypothesis or the twin deficits phenomenon, is the proposition that there is a strong causal link between a nation's government budget balance and its current account balance.
New!!: Black Wednesday and Twin deficits hypothesis · See more »
United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain,Usage is mixed with some organisations, including the and preferring to use Britain as shorthand for Great Britain is a sovereign country in western Europe.
New!!: Black Wednesday and United Kingdom · See more »
United Kingdom European Union membership referendum, 2016
The United Kingdom European Union membership referendum, also known as the EU referendum and the Brexit referendum, took place on 23 June 2016 in the United Kingdom (UK) and Gibraltar to gauge support for the country either remaining a member of, or leaving, the European Union (EU) under the provisions of the European Union Referendum Act 2015 and also the Political Parties, Elections and Referendums Act 2000.
New!!: Black Wednesday and United Kingdom European Union membership referendum, 2016 · See more »
United Kingdom general election, 1992
The 1992 United Kingdom general election was held on Thursday 9 April 1992, to elect 651 members to the House of Commons of the United Kingdom.
New!!: Black Wednesday and United Kingdom general election, 1992 · See more »
West Germany
West Germany is the common English name for the Federal Republic of Germany (FRG; Bundesrepublik Deutschland, BRD) in the period between its creation on 23 May 1949 and German reunification on 3 October 1990.
New!!: Black Wednesday and West Germany · See more »
Redirects here:
Black wednesday, ERM crisis, Erm crisis, Golden Wednesday, List of Black Wednesdays, UK currency crisis, White Wednesday, White wednesday.
References
[1] https://en.wikipedia.org/wiki/Black_Wednesday
