British Universities Film & Video Council

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Norman Lamont admits UK recession

Title
Norman Lamont admits UK recession
Genre
News report; Speech; Parliamentary debate
TX Date
12 Dec 1990
Year of production
1990
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Duration
00:02:56
Description
Chancellor of the Exchequer, Norman Lamont admits the British economy is in recession and says a reduction in interest rates will not happen. His Labour shadow, John Smith, demands an immediate overhaul of policy and additional assistance for industry. Paul Rowley reports on the Commons debate.
Contributors
Norman Lamont; Paul Rowley; John Smith
Keywords
Politics; Government; Labour Party; Prices; Conservative Party; Unemployment; Economic systems; Interest rates; Economic recession

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