How to regenerate British Industry | Labour party | People and Politics | 1976 | Part 1
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- Thames Televisions 'People and Politics' Discuss the future and regeneration of British Industry. And what can be done to make it globally competitive. Part 1
Host: Llew Gardner
Panel:
Eric Varley - Labour Party
John Methven CBI
Len Murray TUC
Richard Lloyd
Sir Ronald McIntosh
Sir Charles Villiers
Alex Jarratt
First shown: 08/11/1976
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Quote: VT15589
This is a good reminder to people who seem to think that there was some kind of golden age in Britain and everything was amazing in the 50s, 60s and 70s. The quote James Callaghan in 1976, Britain had living throughout that while period on "Borrowed money and borrowed time."
Varley was a strikingly calm cabinet minister, and replaced the stormy Wedgwood Benn at Industry in order to appease the CBI.
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