RR7650A UK BRITAIN'S ECONOMIC CRISIS

(17 Dec 1976) RR7650A UK BRITAIN'S ECONOMIC CRISIS

For Britain, 1976 has been a year of severe economic
crisis - one and a half million unemployed, domestic
inflation at 14 per cent, galloping devaluation, stagnant
industrial production and huge international loans to
cover the balance of payments deficit. The Government's
strategy for recovery depends on continuing support from
the trade unions on wage restraint - support which might
not be given if unemployment rises and social services are
curtailed as a consequence of conditions imposed by the
International Monetary Fund for granting Britain a
new standby credit of 3.9 billion dollars.

Film: Rev – Sound: Mag/SOF – Colour– Available in HD

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