Labour 1974-79 Timeline

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British Depth Study Timeline
Callaghan as Prime Minister
How effective was the Labour Government between 1974-79?
Wilson as Prime Minister
Relations with Trade Unions Economic Problems
Divisions in the Labour Party
Over 2 years inflation fell, the balance of
Although the reason for Wilson's imports and exports improved and North
retirement was never clearly Sea Oil provided new revenue. However
The Social Contract was a hugely established the appointment of people lost trust in Labour's handling of
Although gaining some support Britain joined the European This was not only embarrassing
successful way of handling the James Callaghan (previously the economy and due to the ease of This was the Government's
from the Unions the effects were Economic Community and for the Labour Party but also
March 1974 - Start of Labour's Period in Office
The Labour victory in the 1964 Unions as it not only helped the Chancellor of the Exchequer, Although this was a massive which the loan was repaid many people greatest failure and due to their
mainly negative as the Govern- although benefiting economically showed how much the country
May 1970 - End of Labour's Period in Office
election was not so much due to economy through wage restraint Home Secretary, and Foreign blow to Labour's support the considered that it was unnecessary to inability to impose sanctions
ment unable to persuade the there were lots of political had deteriorated and the
successes of Labour but the but also improved the Relations Secretary) as Prime Minister devaluation of the pound was have taken the loan out in the first place there were mass strikes and
workers to co -operate with them. implication restricting people's resentment that Labour faced. It
failures of the previous with the Unions and helped to proved unexpectedly successful unavoidable as it was caused by and saw it as a major embarrassment for they lost control of the country
freedom and making it even more resulted in them being forced
Conservative Government. prevent Strikes. and steady. global inflation. Britain. as well as its support.
Industrial Relations unpopular. out of Government.
1974 Election Social Contract EEC Membership Wilson retires Devaluation of the £ IMF Crisis Winter of Discontent Vote of Confidence
Act repealed
The referendum on
Due to the Labour won the In order to Workers In return for the The Unions The people Despite his After disputes Following the oil In March, Due to rising The terms of the loan Many Unions and Masses of uncon- Following the Due to Labour having a
EEC Membership
failures of the election but improve were freed repeal of the adopted a voted in favour recent successes among the price rise of for the first inflation the meant Britain had to workers were trollable strikes in proposed devolution minority Government
was part of an
Conservatives only with a relations with from certain Industrial policy of wage of Britain he retired in Labour Party 1973 , Britain time in it's Chancellor, make major cuts in angered by the different industries of Scotland and and it's decision not to
attempt by Wilson
economic minority the Trade restrictions Relations Act restraint whilst joining the EEC March 1976 James began to suffer history the Denis Healey, public expenditure. It Government's 5% across the country; Wales as well as the call an election in
to improve the
policies there Government. Unions, Wilson and then the Unions Labour but more out of leading to many Callaghan from the effects £ dropped negotiated a also led to divisions limit on pay rises. the most notable Winter of Discontent, Autumn 1978 the vote
economy and
was a sense of As a result it repealed the didn't entered an promised worry about rumours. became the of rapid inflation. below $2. £3bn loan. within the Labour including: Ford Car Parliament led a vote of no confidence
relations with the
desperation was dependent Industrial co-operate agreement with pro-worker what would new Labour Party due to anger Manufacturer, of no confidence. proved successful and
Trade Unions by
resulting in on support Relations Act with the the Government industrial happen if they leader and over the restrictions Tanker Drivers, Callaghan also resulted in an election
renegotiating the
Labour winning from other Government. concerning. policies. didn't than Prime Minister. on social spending; a Road Haulage and seemed oblivious which Labour lost to
terms of Britain's
the election smaller parties. enthusiasm. key Labour Policy. Public Sector Strikes towards the state of Thatcher's Conservative
EEC membership.
the economy. Party
1974 1975 1976 1977 1978 1979
Following the economic deterioration of Britain under the Heath Government of 1970 -74, the Labour Government was faced with a series of difficult problems resulting in them having to devalue the pound and apply for an IMF loan leading to their eventual failure in the 1979 election. In order to get the Unions to agree to
the Social Contract, Wilson repealed
In order to get the Unions to agree to the Industrial Relations Act.
the Social Contract, Wilson repealed
Government Relations with the Unions fell apart in the Winter of 1978 -79 after Callaghan imposed the 5% pay restriction.
the Industrial Relations Act.


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