Harold Macmillan 1957 - 1963
- Created by: RahmaM
- Created on: 07-04-15 17:49
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- Harold MacMillan 1957 - 1963
- Chancellor of Exchequer 1955 - 1957
- Leader of Conservative party 1957 - 1963
- Continued mixed Keynesian economy
- ECONOMIC POLICY
- SHORT TERMISM - STOP GO
- Prices rose too quick, govt increased taxes, raised interest rates
- Production exports declined, govt cut taxes and lowered interest rates
- STAGFLATION
- Industry declined, inflation persisted
- End of 1964 Balance of Payments deficit over £800 Million
- SHORT TERMISM - STOP GO
- EMPIRE / COMMONWEALTH
- Decolonisation
- 1956 Sudan 1957 Ghana 1960 Nigeria 60-66 Rest of Africa
- Trying to police these countries, was expensive
- Decolonisation
- PROBLEMS
- Economic Problems
- Britain's GDP growing much slower
- 4.3% Growth FRANCE
- 5.1% Growth GERMANY
- Heavy Defense Spending
- £1.7 billion on defence by 1964
- £1.7 billion on defence by 1964
- 5.6% Growth ITALY
- Less productive Less efficient
- Britain's industry lacked sufficient investment. Lagged other countries, Germany, Japan and America
- Britain's GDP growing much slower
- SCANDAL = HUMILIATION
- Profumo Affair 1962
- John Profumo, Minister of Defence. 1962 lied about affair with Christine Keeler
- Christine Keeler involved with a Russian spy, fears of espionage
- Macmillan had supported Profumo, Lies weakened and embarrassed the government
- John Profumo, Minister of Defence. 1962 lied about affair with Christine Keeler
- Vassal Spy Case 1963
- John Vassal, a civil servant in Navy headquarters had been caught spying for Russia
- Had been defended by admiralty for having a good background
- John Vassal, a civil servant in Navy headquarters had been caught spying for Russia
- Argyll Divorce Case 1963
- Duchess and Duke. Duke trying to prove Duchess committed adultery
- Claims she slept with 88 different men
- Duchess and Duke. Duke trying to prove Duchess committed adultery
- Kim Philby 1963
- Had been passing information to Russia, Recruiting agents, Running spy network
- Fled to Moscow and remained there unitl he died.
- Had been passing information to Russia, Recruiting agents, Running spy network
- Profumo Affair 1962
- Social Tension / Changing Society
- Notting Hill Race Riots 1958
- Murder of Kelso Cochrane 1959
- Whites tended to blame immigrants for unemployment
- Satire . Exploited scandals and embarrassed the old out of touch Macmillan govt.
- Political blunders
- Rent Act 1957 act had abolished rent controls
- "Night of Long Knives " Sacked a third of his cabinet
- Public outrage due to his decision to keep Polaris submarines in Holy Loch, Scotland
- Rejection from the EEC, De Gaulle vetoed Britain's membership
- Economic Problems
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