“In the course of a few weeks the one policy with which the Prime Minister was uniquely and personally associated, the contribution to policy of which he appears to have been most proud, has been blown apart, and with it has gone for ever any claim by the Prime Minister or the party that he leads to economic competence. He is the devalued Prime Minister of a devalued Government.”

— John Smith

Hansard http://www.publications.parliament.uk/pa/cm199293/cmhansrd/1992-09-24/Debate-2.html, House of Commons, 6th series, vol. 212, col. 22.
House of Commons speech, 24 September 1992, referring to Black Wednesday.

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Labour Party leader from Scotland (1938-1994) 1938–1994

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