Crazy Years at the Stock Exchange

Part of the Economics Today book series


The 1980s can lay a substantial claim to having been the most extraordinary period in the long history of the London Stock Exchange. Most people can remember the crash of 1987, at the height (or depth) of which 100 000 deals were conducted on the Exchange in a single day and prices were changing so fast that the computer screens that display them went blank. Many would also recall the Big Bang of 1986 which drove an international juggernaut through the country village that was the traditional London Stock Exchange. Some might even point out that the monster privatisation share issues — British Telecom, British Gas, the local water companies, the regional electricity suppliers — must have contributed to the decade’s particular profile.


Fair Trading Stock Exchange Institutional Investor Equity Market Share Price 
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© Kenneth Durham 1992

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