“Six Days in September: Black Wednesday, Brexit and the making of Europe.”
Held on Thursday, December 7, 2017, 12.30-2.15pm.
David Marsh (OMFIF)
William Keegan (The Observer)
Richard Roberts (KCL)
September 1992: sterling teetering, the Bank of England throwing good money after bad, Lamont widely excoriated either for failing to stop the fall of the pound or for allowing us to join the Exchange Rate Mechanism in the first place.
It is twenty-five years since Britain toppled out of the ERM, and the ongoing relevance of the crisis is undeniable: the battle between Europhiles and economic nationalists is even nastier today, and the challenge of fitting diverse national economies into a single currency is still a work in progress.
Six Days in September is, therefore, timely – and a cracking read too. Two of the authors were very much part of the goings-on they cover. David Marsh is (and was then) Britain’s leading Bundesbank watcher, as familiar with the central bankers and finance ministers of yesteryear as he is with their modern day equivalents (whom he regularly corrals at OMFIF). William Keegan is a journalist whose clout far outstrips the modest readership of The Observer, for which he writes – not least because he has been generally correct on the big issues of the day. Richard Roberts is an economic historian (at KCL) who brings a wider context to the events of that September and their lasting significance.
We are delighted to welcome all three of the authors to join us to share their views on what went down on Downing St, Threadneedle St and Wilhelm-Epstein-Straße – and, I hope, on what those six days can teach us as cross-channel tensions ratchet up once again. If you (or a colleague) would like to join us, and perhaps share your own thoughts, please let us know by calling 0207 621 1056 or emailing firstname.lastname@example.org. As usual, wine and sandwiches will be provided.
P.S. Copies will be available to purchase on the day. I’m sure Bill, Dick and David will be more than happy to sign a few.