Years of Concensus 1964-79: 1 Wilson's gov 1964-70 Flashcards
when was Wilson in office?
1964-70 (and 1974-6)
what were the results of the 1964 election?
lab - 317 seats
cons - 304 seats
Labour had a 4 seat majority overall
how did Wilson appear to the public in contrast to Home?
Wilson was portrayed as the plain, straight-speaking Yorkshireman
Home as an aristocrat
Wilson was able to tap into the zeitgeist
what were the reasons for Labour’s victory in 1964?
- con scandals weakened their integrity and claim to competence
- the electoral system that resulted in Home as leader rather than Butler
- high unemployment in 1963 at over 800,000
- failure to join EEC in 1963 showed Britain had become weak internationally
- Labour party represented a younger ‘with it’ image
- Wilson projected a more dynamic image than Home
- con gov was main target of satire
- Wilson’s electoral campaign
how was Britain described by commentators (partially due to their failing economy that was constantly fluctuating)?
the sick man of Europe
how much of Britain’s budget went towards defence?
peak 34.5%, low 25.6%
1963-79
what was the National Plan?
1964 - a programme for modernisation aimed at increasing industrial production and exports by encouraging cooperation between government, employers and trade unions led by George Brown
by 1967 few of the targets had been met and it was quietly abandonned
what were the results of the 1966 election?
labour had a 110 seat majority over cons
what did Wilson warn trade unions and employers in 1963?
they needed to be more realistic with their approach and demands to wages
Wilson believed that inflation and Britain’s balance of payments deficit were major threats to the economy and as a result wage and salary increases must be kept in check
what was created that angered the left of the party as well as resulted in Frank Cousins, leader of Transport and General Workers’ Union resign?
a prices and incomes boards which was set up with power to regulate pay settlements
what disruption began between 1966-7?
strikes over pay e.g. seamen an dockers
what happened in 1967 and what controversial statement did Wilson make?
devaluation
‘the pound in your pocket… hasn’t been devalued’
how much was borrowed from IMF in 1964?
1 billion
why did Wilson put off devaluing the pound?
- didn’t feel he could ask for another IMF loan
- blamed trade union strikers
before Wilson devalued the pound what was the exchange rate to US dollars?
£1 to $2.80