LONDON (Reuters) - Plans for a high-wage, high-growth economy lie in ruins as Britain's Conservative prime minister struggles to answer a cost-of-living crisis, compounded by rising worker unrest. It ...
Fifty years ago this month, Harold Wilson returned as Britain’s prime minister after winning the first 1974 election against a backdrop of paralyzing strikes, soaring inflation and terrorist bombings.
Talk of stagflation has been brewing for months. Now that toxic combination of stagnant economic growth and high inflation appears to have arrived in the United Kingdom. Talk of stagflation has been ...
Not so long ago, Great Britain was deemed "the sick man of Europe." The 1970s were plagued by inflation, labor union strikes, and a rise in government spending as a percent of GDP. Now, a new ...
Thomas has spent two years working in the auto journalism industry, contributing to a UK-based newspaper and writing for Euronewsweek. A full-time writer and lifelong engineering enthusiast, he now ...
The nation’s economy is very different from the bleak days of the 70s, but certain parallels are unnerving Britons and loom as a potential headache for Prime Minister Boris Johnson. By Mark Landler ...
In the 1970s, Britain pinned its hopes on the APT, a futuristic tilting train designed to bring high speed travel to old Victorian railways. It set records in testing, but on its debut, passengers ...
Liliana Talwatte (left), Francis Gercke, Michelle Marie Trester, Jessica John and Carter Piggee in “Abigail’s Party” from Backyard Renaissance Theatre Company. Photo by Daren Scott I haven’t ben to a ...
People in Hull can take a trip back to the decade of 'glam and gloom' at a free new 1970s exhibition. Exploring the highs and lows of the era from strikes and power cuts to rising standards of living, ...
Talk of stagflation has been brewing for months. Now that toxic combination of stagnant economic growth and high inflation appears to have arrived in the United Kingdom. November’s CPI reading was ...