Industrial relations Flashcards
(5 cards)
What was Wilson’s key message upon returning to power in 1974 regarding industrial strife?
That Labour was far better equipped than the Conservatives to handle industrial unrest and work with trade unions.
What was the Social Contract?
A 1973 agreement between Labour (while in opposition) and the TUC involving voluntary pay restraint by trade unions in return for repealing Heath’s Industrial Relations Act and the Pay Board.
What immediate action did Wilson’s government take with the NUM (National Union of Mineworkers)?
Reached an agreement that allowed the government to end the state of emergency and the 3-day working week.
Which left-wing Labour figures were given key positions in 1974, and what departments did they lead?
Tony Benn: Department of Industry
Michael Foot: Department of Employment
What economic steps did Chancellor Dennis Healey take in 1974?
He introduced two budgets (in March and July) aimed at tackling the economic crisis without creating conflict with the trade unions.