Cameron working for Lamont during Black Wednesday

During the period of Black Wednesday, Cameron was employed as an advisor to then-Chancellor of the Exchequer, Norman Lamont. This event was marked by intense pressure from currency speculators, which ultimately led to the pound sterling being forced out of the European Exchange Rate Mechanism (ERM). The ERM was designed to maintain stable exchange rates between European currencies, but the speculative attacks on the pound highlighted vulnerabilities in the UK's economic policies. As the crisis unfolded, Cameron faced challenges in coordinating communications at the Conservative Party conference, particularly in briefing speakers for the economic debate. He resorted to using the internal television system to reach out to Patricia Morris, the mover of the motion, indicating the urgency and disarray of the situation at that time. In the aftermath of Black Wednesday, Cameron participated in a delegation of Special Advisers that traveled to Germany. The purpose of this visit was to strengthen relations with the Christian Democratic Union, a key political party in Germany. Reports indicated that Cameron was still affected by the role of the Bundesbank in the economic turmoil, reflecting the broader sentiment within the UK regarding the crisis. The events of Black Wednesday had a lasting impact on the UK economy, leading to a reevaluation of monetary policy and the government's approach to currency management. The fallout from this crisis also influenced public perception of the Conservative government, contributing to political challenges in subsequent years.