Wilson And The Labour Government 1964-1970 Flashcards
Who created in place of strife
Barbra castle in 1969
What was outlined in in place of strife
It was to strengthen employers dealing with unions :
There was to be a 28 day cooling off period before a strike
The government could impose a settlement when unions were in dispute
Strike ballots could be imposed
Industrial relations court could prosecute people who broke the rules
Who liked / disliked in place of strife
Liked : voters , labour mps , the chancellor
Disliked : unions and left labour
Why did voters like heath in the 1970 elections
He was hard working
He fired Powell after his rivers of blood speech
But many people think he speech still encouraged voters
Heaths actions made him appear strong and principled
How much was Britain in debt by in 1964
£800 million
Why did the labour government not want to use devaluation of deflation
Devaluation: would make imports more expensive but exports would become cheaper in other countries
Deflation : would support the pound and prevent inflation
This was the old stop and go method but labour was against this
When was the department for economic affairs set up
1964
What did brown try to do in the DEA
He tried to establish voluntary agreements about wage and prices with industrial trade unions and civil servants
Did the DEA work
No it was in competition with the chancellor
When was the DEA abandoned
1967
How did Wilson governement bring down inflation
Prices and incomes policies by the prices and incomes board
When was the national union of seaman’s strike and what happened
1966 following the sterling crisis
The government put it down harshly
How much did the pound drop in 1967 and what did it result in
14% to 2.40 USD
Governement resulted to devaluation
What deflationary polices were put in place by the labour government
Around 1967
Defence cuts
Higher purchase restrictions
Higher interest rates
When did Jenkins achieve balance of payments
1969
