British Economy, 1974 - 1979

Due to the events of the Yom Kippur War, to what value did the Balance of Payments rise to?

What did the annual inflation rate rise to?

What did the value of Sterling drop to?

How high was the rate of interest increased to?

What was the state of unemployment between 1974 and 1976?

When did the Yom Kippur War break out?

Between which two nations was the Yom Kippur War fought between? How was Britain involved with the conflict?

In the October 1974 General Election, how many seats had the Labour Party gained?

In the October 1974 General Election, how many seats had the Conservative Party lost?

In the October 1974 General Election, what was the overall majority of the Labour Party?

Whilst in Opposition, what did Wilson negotiate in 1973 to placate with the Trade Union Congress?

What positions were Tony Benn and Michael Foot appointed?

When did Denis Healey, as Chancellor, propose his two new budgets?

What did Denis Healey's speech in Leeds (January 1975) concern warnings of?

What did Tony Been establish in 1974?

What event, in 1975, led to people questioning the effectiveness of the NEB?

When did Harold Wilson suddenly resign?

How did Harold Wilson describe his successor, James Callaghan, as Prime Minister?

When was the first Labour Party Conference with Callaghan as PM held?

How much was the loan received by the IMF in December, 1976?

By 1978, how many British oil fields were in production?

What value did inflations rates fall to under Callaghan's premiership?

How many Liberal Party MPs pledged their allegiance to support the Labour Party in the 'Lib-Lab' Pact?

When were the referendums for Devolution held in both Scotland and Wales?

How much of the electorate needed to be in agreement for Devolution in order for it to be successfully passed?

What was the value of the wage increase offer that the TUC rejected from the Labour Party?

How long did the Ford lorry drivers go on strike for, and what was the outcome?

Roughly how many workers came out on strike on 22nd January,1979?

Name four other groups of workers who arranged strikes during Callaghan's premiership (not lorry drivers).

When did the general strikes reach their conclusion?

What was the overall average wage increase?