harold wilson (1974-1976) Flashcards
premiership of harold wilson: 1974-1976.
What was inflation running at in 1974.
15%.
What was the balance of payment deficit by 1974.
£3 billion.
What was the 1974 outcome.
Labour gained 18 seats, 42 more than the Conservatives.
When had Wilson negotiated the Social Contract.
1973.
The Social Contract.
Voluntary pay restraints for unions in return to the repeal of Heaths Industrial Act.
Who agreed to Wilson’s Social Contract and what did this allow.
The National Union of Miners, allowing ending of the three-day-week and state of emergency.
Who became new chancellor in 1974.
Dennis Healy.
What did Healy’s 1975 budget introduce.
- More formal pay restraint.
- Taxation rises.
- Public spending cuts.
When was the National Enterprise Board set up under who.
1974 under Tony Benn.
What was the purpose of the National Enterprise Board.
Administer government shareholding in private companies and provide financial aid for investment increases.
What caused controversy around Britains intervention in ‘lame-duck’ industries.
Nationalization of British Leyland in 1975.
When was Wilson’s insulting speech about Ireland.
1974.
Where was bombed following Wilson’s insulting speech to Northern Ireland.
Parliment, Tower of London, etc.
When did the SUnngingdale Agreement collapse.
1974.
When did Wilson impose direct rule to Northern Ireland.
1974.
When was an elected Northern Irish Consititution Convention established.
1974.