Nineties Pound Crisis Newspapers

A businessman reads a 1992 edition of the Daily Express whose headline announces that Prime Minister John Major is fighting the Pound Crisis, on a bench in the City of London (aka The Square Mile), the capital's financial centre, on 18th September 1992, in London, England. Black Wednesday occurred in the United Kingdom on 16 September 1992, when John Major's Conservative government was forced to withdraw the pound sterling from the European Exchange Rate Mechanism (ERM) after it was unable to keep the pound above its agreed lower limit in the ERM. (Photo by Richard Baker / In Pictures via Getty Images)

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Filename: pound_crisis02-18-09-1992.jpg
Copyright: Richard Baker
Image Size: 5370x3541 / 4.0MB; www.photoshelter.com/support/license; https://www.bakerpictures.com/contact; 1990s 1992 20th century 90s City of London ERM EU England Europe UK alcohol beer britain business businessmen bygone capital careers city crisis decade drinking drinks era financial district gossip headlines historical history intake jobs john major london londoners lunchtime media news newspaper nineteen-nineties nineties past pint political politics pound pound crisis public reports tabloid times urban years £
Contained in galleries: 1990s, Headlines, Square Mile 1989-2023

A businessman reads a 1992 edition of the Daily Express whose headline announces that Prime Minister John Major is fighting the Pound Crisis, on a bench in the City of London (aka The Square Mile), the capital's financial centre, on 18th September 1992, in London, England. Black Wednesday occurred in the United Kingdom on 16 September 1992, when John Major's Conservative government was forced to withdraw the pound sterling from the European Exchange Rate Mechanism (ERM) after it was unable to keep the pound above its agreed lower limit in the ERM. (Photo by Richard Baker / In Pictures via Getty Images)