The Breakaway
Perry Anderson: Goodbye Europe, 21 January 2021
“... to benefit.It was not long before any such linear prospect was in trouble. At the Treasury, Nigel Lawson had pressed for British entry into the Community’s Exchange Rate Mechanism (ERM) in 1985, and when Thatcher vetoed this, shadowed it nonetheless. By 1989 the economy – pumped up by Lawson to secure Thatcher’s third electoral victory in 1987 ... ”