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EXAMPLES FROM CORPUS
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David Prosser, chief executive, said withdrawal from the exchange rate mechanism and interest cuts had greatly improved business prospects.
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Ford blamed the rises on the fall in the pound since the Government pulled out of the exchange rate mechanism in September.
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It seems, however, that the decision to withdraw sterling from the exchange rate mechanism has paid dividends.
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Nigel Lawson rightly wanted to join the exchange rate mechanism two years ago - as did Sir Geoffrey Howe.
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The exchange rate mechanism is a discipline to reduce inflation.
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The exchange rate mechanism is a voluntary prototype for a single currency.
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The obvious parallel is with the reaction to Britain's entry into the exchange rate mechanism 18 months ago.
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Will he please grant an urgent debate on the specific subject of the exchange rate mechanism ?