EMS: Treasury minute (“The cost of Black Wednesday reconsidered”) [“The most sensible assumptions give a loss of £3.3bn measured at February 1994”] [FOI release 9 Feb 2005]
| Document type: | Declassified documents |
|---|---|
| Source: | Archived Treasury website (digital copy archived at Churchill Archive Centre also) |
| Editorial comments: | Much about this document is obscure owing to redaction by the Treasury, including author and recipient. Accompanying commentary by the Treasury in Feb 2005 notes that this paper “was circulated only to officials in the Treasury and, like all the other papers, has not at any time prior to release been seen by Labour Government Ministers or their special advisers.” |
| Importance ranking: | Major |
| Word count: | 18pp |
| Themes: | Monetary policy, Public spending & borrowing, European Union (general), Economic, monetary & political union |
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