Happy "Thatcher Out" day everyone

[sasguru]

Manufacturing remained pretty much level from 79 to 97 despite what everyone thinks.

MAybe, but a lot of that is now done by foreign companies whose strategy and profit use will not necessarily match the UK needs.

[original PM]

Just out of interest prior to 1992 when we were in recession when was the previous time the country was officially in recession?

Also how did the country get out of the 1992 recession?

Just wondering because i am not very knowledgable on these things.

TIA

[minestrone]

Just out of interest prior to 1992 when we were in recession when was the previous time the country was officially in recession?

Also how did the country get out of the 1992 recession?

Just wondering because i am not very knowledgable on these things.

TIA

Devaluation of the pound coming out the ERM made a big difference.