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Newcastle


THE ECONOMY WORLD LEADERS IN 1992


Brighton USA


George HW Bush


USSR Boris


Yeltsin UK


John Major


Germany


Helmut Kohl


France


Francois Mitterand


Lisbon


For the price of a road trip from Newcastle upon Tyne to Brighton in 2022 , you could drive all the way to Lisbon in Portugal in 1992.


TOP 10 BEST SELLING CARS 1992


1. Ford Escort: 121,140 2. Vauxhall Cavalier: 108,818 3. Ford Fiesta: 106,595 4. Vauxhall Astra: 86,858 5. Ford Sierra: 77,253


THE PRICE OF... SPORT WINNERS IN 1992...


AVERAGE UK HOUSE THEN


£68,634 NOW


£286,397


A LOAF OF BREAD THEN


53p NOW


£1.24


A PINT OF MILK THEN


21p 59p


NOW


- Football: Leeds United - Wimbledons Men: Andre Agassi


- Wimbledons Women: Steffi Graf - Cricket World Cup: Pakistan


Black Wednesday occurred on 16 September 1992 when the UK Government was forced to withdraw sterling from the Exchange Rate Mechanism. £3.4 billion was wiped off share values and interest rates rose from 10% to 15% and back to 12% all in one afternoon – Recession officially started at the end of the year and unemployment rose to almost 3 million. It is ironic, 30 YEARS LATER we are now facing another dire economic crisis with a global recession predicted to kick in later this year...


ON THE BOX IN 1992...


- Casualty - One Foot in the Grave - A Touch of Frost - Heartbeat - Inspector Morse - The Big Breakfast


1992 £100!


2022


£


£


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