Debate on the Address — [1st Day]

Part of Outlawries Bill – in the House of Commons at 6:59 pm on 9 May 2012.

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Photo of John Cryer John Cryer Labour, Leyton and Wanstead 6:59, 9 May 2012

On economic competence, I hope that the hon. Gentleman had a good celebration in 1992, but does he remember that a few months later we had Black Wednesday, when £20 billion was spent on propping up the currency and interest rates rose twice in a day, ending up at 15%? Does he recall that with the same fondness?