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Tom Clark

@prospect_clark

Contributing Editor, @prospect_uk. Stints: @jrf_uk; @resfoundation; @guardian; @theIFS. BROKE out now: https://t.co/jWSHf4QucE

calendar_today04-06-2009 08:44:02

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Harold Wilson's infamous '£ in your pocket' devaluation in 1967 was from $2.80 to $2.40, just under 15%

So far this year, the £ has fallen from $1.35 to $1.08 (even after bounce back from overnight record), just over 20%. And most of this decline under the brief Truss tenure

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