Blackpool speech 1976 Flashcards
What was the overall tone of Callaghan’s 1976 Blackpool speech?
Positive and hopeful.
What did Callaghan argue the government should do to increase employment?
Intervene by investing in and modernising industries.
What values did Callaghan stress in solving economic problems?
Labour values such as cooperation and strategic government spending.
What did Callaghan refer to as the ‘twin evils’?
The cycle of high unemployment and inflation caused by past tax-cut-driven economic boosts.
How did Callaghan propose to modernise British industry?
Through investment, cooperation with trade unions, and improving efficiency.
What clear message did Callaghan send to the trade unions in this speech?
That he would not give in to union demands.
What major financial context was behind the Blackpool speech?
The government was preparing the Labour Party to accept an emergency IMF loan application.