The Chancellor raised interest rates from 10% to 12%, then to 15%, and authorised the spending of billions of pounds to buy up the sterling being frantically sold on the currency markets.Thanks to Elephunt at Impossible Promises for that via the BBC at On This day in 1992.
Although, despite all our recent troubles.... this makes happy reading. It would appear Conservative Party Central Office is even dozier than some our our lot..
A 'cold-calling' survey, in which party workers emailed local constituencies pretending to be members of the public interested in joining, found that only a third even got a response after the first attempt.
