Tory ‘economic competence’ led Britain to Black Wednesday. Never forget

Rachel Reeves still seems haunted by the narrative about the financial crisis propagated by the previous government.

2024-09-15  793  中等

But it did not take long for the Wilson/Callaghan Labour governments of 1974-79 to fall foul in turn of the same accusation. Public borrowing started to spiral and Labour had to go “cap in hand” to be rescued by a loan from the International Monetary Fund.

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