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Chancellor Denis Healey speech on the 14 percent pay increase awarded in 1978. Healey says it is easy to criticise the policy with hindsight and argues it helped reduce inflation.
Chancellor of the Exchequer, Denis Healey speaks on the negative impact of inflation. Healey claims that rising inflation leads to an increase in imports and a fall in exports and also contributes to...
Chancellor of the Exchequer, Denis Healey speaks on progress in the British economy during 1978. He cites an increase in exports, a fall in unemployment and greater private investment in business. He says...
Chancellor of the Exchequer, Denis Healey speaks on the economic policy of the Labour Government. He says there must be controlled increases in wages, especially in order to maintain lower levels of income...
Former British Prime Minister and Conservative MP, Edward Heath backs the Labour Party’s policy of strong pay controls. Health insists that the Government must be strong to keep inflation under control. He...
Len Murray, General Secretary of the TUC, on the congress’s rejection of the Labour Government’s pay policy. Murray outlines the areas of policy that the General Council was unhappy with. Murray insists...
Opposition leader Margaret Thatcher, speaking in the House of Commons, attacks Prime Minister James Callaghan and his government’s record in office. Thatcher covers the Government’s pay policy, the...
Report on the reaction of international exchanges to US President Jimmy Carter’s anti-inflation measures with the Bank of Japan buying between six hundred and seven hundred million dollars in a bid to...
Tom Maddocks reports on a speech by John Biffen (with excerpts) on the government sticking by its counter-inflation policies which will mean higher interest rates and on the abolition of exchange controls.
Interview with former Secretary for Prices and Consumer Protection, Roy Hattersley, on the one percent rise in the Retail Price Index and anticipated further rise next month following the Budget VAT...
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