By 7:00 that evening, Norman Lamont, then Chancellor, announced Britain would leave the ERM and rates would remain at the new level of 12 percent; however, on the next day the interest rate was back on 10%.
Tą patį vakarą,19.00 val. kancleris Norman Lamont, paskelbė, jog Britanija atsisako narystės EVKM ir palūkanų norma liks 12 %.