Quote: sally cinnamon "...That didn't stop Blair then saying the Tories had lost their economic credibility because of what happened to the ERM...'"
Because of what happened to the pound when it was in the ERM, I think you mean.
i.e. Lamont sat in his office without even a TV to watch the currency markets and, as runners kep coming in to tell how much further the pound had fallen, kept throwing money at it, impotently waiting and waiting for instructions from the equally vacuous Major who didn't even contact him.
Then Lamont had the brass neck to say he'd never actually been keen on the ERM anyway ... didn't stop him from taking the job did it?
Yeah ... I think Blair had a point about Tory economic credibility after that, actually.
Quote: sally cinnamon "when Ted Heath
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