Ref No22739
Alt Ref No22739
Artist or CreatorGerald Scarfe
Title or CaptionThe Pound Floats
Extent1 item
Published bySunday Times
Date25 Jun 1972
Embedded text or transcriptBank of England
I promise to pay the Bearer on Demand the sum of approx One Pound
I blame this damned wind!
The Economy
Person DepictedElizabeth II (1926-); Queen of Great Britain,
Barber; Anthony (1920-2005)
Healey; Denis Winston (1917-); Baron Healey
NotesNews: 21 Jun: Mr. Heath, accused Labour of trying to destroy sterling and denounced Mr Healey in the Commons for predicting that the pound would be devalued.
News: 24 Jun: The Government allowed the pound to float freely against other currencies, after a week of heavy speculation against sterling. In London and many other centres foreign exchange markets were closed, and would not open until Tuesday. The Treasury announced that exchange controls were being extended to sterling area investment.
Chancellor of the Exchequer
Shadow Chancellor
Labour Party
economic crises
floating currency
Relates to cartoon22739

Show related Persons records.

GB/BCA/225Elizabeth II (1926-); Queen of Great Britain1926-   
GB/BCA/1188Barber; Anthony (1920-2005)1920-2005   
GB/BCA/990Healey; Denis Winston (1917-); Baron Healey1917-   
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