Wednesday, February 09, 2005

Treasury 'holds back' ERM papers

BBC News 9th February
"Treasury officials are holding back paperwork relating to Britain's exit from the Exchange Rate Mechanism (ERM) in September 1992, the BBC has learned.
Documents obtained by BBC News' Freedom of Information Unit show internal rows about what information to make public about "Black Wednesday". "

"Maurice Frankel, director of the Campaign for Freedom of Information, told Today: "What is interesting here is that they decide not to object to the exchanges between the chancellor and the prime minister in 1992."

The BBC have "accidently" received a copy of the proposed Treasury response: they have posted a PDF to download

"The documents were sent to the corporation in an e-mail, apparently by mistake, and they reveal internal rows about how to respond to the Financial Times request"

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