1964-1970 Flashcards
(70 cards)
What were the election results of the period?
1964 - 4 seat majority
1966 - 98 seat majority
1970 - 30 seat majority Conservatives
What was Wilson’s political outlook?
Bevanite
Left of Labour
Had resigned over perscription charges
What were Wilson’s economic policies?
Modernisation as Britain was lagging behind West Germany and Japan
Break out of the cycle of stop-go, runs on the pound and balance of payments defecits
Why was Wilson opposed to deflation and devaluation?
Deflation - continued the stop-go cycle
Devaluation - would portray Britain as weaker and lead to them scaling back actions across the globe
What was the balance of payments deficit Wilson inherited?
£800m
How did Britain attempt to deal with the balance of payments deficit?
By creating the DEA led by George Brown
This was intended to control inflation and to end the stop-go cycle
What was the relationship between the DEA and Callaghan?
They were in competition as the DEA opposed many of Callaghan’s policies
What was the outcome of the DEA
Brown was moved to foreign affairs in 1966
The DEA was abandoned in 1967
When were the Seamen and Dockers strikes?
Seamen 1966
Dockers 1967
What did Wilson denounce them as and what was the reaction to this?
“a tightly knit group of Marxists”
Many on the left of the party were outraged by this
What did the Seamen strike cause?
A sterling crisis
What was the pound devalued by in 1967?
14%
$2.80 to $2.40
What caused the need for a pound devaluation?
Oil crisis in the Middle East affecting oil supplies
Dockers Strike in 1967 affecting the balance of payments
When was the second EEC application rejected?
1967
Why did the devaluation damage Labour’s credibility?
Labour had tried so hard to prevent devaluation
Made Britain look weak
Who replaced Callaghan as chancellor in 1967?
Roy Jenkins
Where did Callaghan go after being replaced as chancellor?
Home Secretary
How did Jenkins prevent the balance of payments deficit?
Deflationary measures (raising taxes and cutting spending)
What was the impact of Jenkins’ deflationary measures?
Balance of Payments surplus in 1969
Labour government experienced decreased popularity
Who created and when was “In Place of Strife”?
Barbara Castle
1969
What was suggested within “In Place of Strife”?
28-day cooling off periods
Strike ballots
Industrial Relations Court for persecutors
The government had the ability to impose a settlement when two unions disagreed
What was Frank Cousins’ role under Wilson?
Minister of Technology
Relied on the unions for his prices and incomes policy
What was the result of “In Place of Strife”?
Opposed by the Left and unions
Wilson gave in, embarrassing the government
What were the flaws of the government in modernisation?
The government lacked expertise
Jenkins who had been Minister of Aviation admitted to finding meetings a briefings difficult to understand