The markets, the City and the economy - Governor's speeches

Quarterly Bulletin 1988 Q1
Published on 01 March 1988

Speaking in the immediate aftermath of the worldwide upheavals in stock markets in October, the Governor reviewed the successful implementation of the major changes in The Stock Exchange and the progress towards establishing the new structure of City regulation. He went on to examine prospects for the UK economy in the light of the stock market fall, arguing that the strength of activity and the improvement in productivity left the United Kingdom relatively well placed to weather the storm .

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