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The Guardian - UK

Business

Larry Elliott Economics editor

George Soros’s indelible mark on UK runs deeper than Black Wednesday

George Soros Black Wednesday United Kingdom Karl Popper European Union ERM

George Soros. — George Soros led the speculative attack on the pound more than 30 years ago. Photograph: Ronald Zak/AP

Philanthropist. Intellectual. Trenchant opponent of totalitarianism. George Soros is all of these things. At 92, he has not lost his power to make headlines, as shown by his decision to hand control of his multibillion-dollar Open Society Foundations to his son Alex, going back on a vow that it would not go to one of his children.

It has been a long time since Soros was an active investor, and he has been focused on how to spend the fortune he amassed on his main areas of interest – building democracies and supporting human rights.

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