MACMILLAN 1957-1963

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  • Created by: Kimmy
  • Created on: 30-05-13 19:15
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  • Macmillan: 1957-1963
    • Economic and Social policies
      • continuous rise in living standards
      • 1960-4: 4% increase real wages
      • better availability credit
      • consumer boom: private car ownership up 1.5-5.5m
      • By 1964 1.7m homes 60% private
      • Rent Act 1957: Abolished rent control - rents rose considerably.
      • UNEMPLOYMENT: 878,000 1963
      • Robin's Report 1963
      • increased number consumers, availability of credit
      • Commonwealth Immigrants Act 1963
      • CUTS: bank rate up 7% bring down wage increases
        • cut £150m in social services
      • 1957-1953 granted all remaining African colonies independence because costed too much
        • Little effect on gvt and reputation.
          • PEARCE: smooth and bloodless process
          • PORTER: society lived through it all hardly noticing it
      • RESPONSE TO POLICIES
        • Rich and poor gap widened
        • no coherent economic policies > no structured financial strategy > failure invest research and development
    • 1959 General Election
      • stressed prosperity
      • Mac - outstanding statesman, world leader
      • Con vote up 1/2m with majority of 100
      • Labour: united, confident, innovative, impressive but no match for Mac and use of media
    • Economic problems
      • unemployment up 878,000 1963
      • Maudling: tax cuts of £300m collapsed left deficit £750m
      • PEARCE: "Overheating"up wage increases, consumer spending, imports
      • NEDC set up measure economic planning, unsuccessful
      • POLITICAL REPERCUSSIONS
        • Tory vote down 26%.
        • HISTORIANS: emphasised  govts. lack of control/unity/direction.
      • Economy grew 2-3% annum 51-64 inflation 3%
      • car  ownership 2-8m
    • EEC
      • Rejected 1961 because wanted to maintain privileges and the commonwealth
    • Profumo Affair
      • Criticism at Mac. for not doing anything
      • Electoral liability
    • Conservative leadership crisis
      • PEARCE: Cons had as good as lost the next election
    • represented upper and middle class attitudes and interests
    • neglected education and links with business and industry
    • 1964 election
      • conserv down 2m
      • Home: grouse moor image ignorant of domestic affairs
      • Wilson: economically literate - higher ed. economic planning
      • Con: 304 Lab. 317

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