Callaghan's premiership Flashcards
Who succeeded Harold Wilson as Prime Minister in 1976?
James Callaghan.
Until when did James Callaghan serve as Prime Minister?
Until Labour lost the 1979 election.
What unique political distinction does James Callaghan hold?
He is the only person to have held all four ‘Great Offices of State’: Chancellor of the Exchequer, Home Secretary, Foreign Secretary, and Prime Minister.
What was Callaghan’s political position within the Labour Party and what was his key strength?
He was on the centre-right of the party but had strong links with the trade unions.
How did Callaghan become Labour leader in 1976?
He won the leadership contest in the third round, defeating Michael Foot with 56.2% of the vote.
What economic issues challenged Callaghan in 1976?
Balance of payments problems
Pressure on Sterling
Concerns about Britain’s reserve currency levels
What key speech did Callaghan give in 1976?
A speech at the Labour Party conference in Blackpool addressing the economic crisis.
