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Autumn 1976 to Summer 1977

In: Inside the Bank of England

Author

Listed:
  • Graham Hacche
  • Christopher Taylor

Abstract

I have started writing this section of my account on 3rd January 1977, an extra New Year bank holiday this year. It takes up from where I left off in the early autumn and covers the run-up to the negotiations with the IMF, which started at the beginning of November and were completed just in time for Christmas. All that has happened since the summer has in a sense been no more than playing out events which had already been set in train. But there were several features which I find notable. The way in which events were handled gives me the feeling of a government re-establishing some control over the direction in which it was being carried.

Suggested Citation

  • Graham Hacche & Christopher Taylor, 2013. "Autumn 1976 to Summer 1977," Palgrave Studies in Economic History, in: Graham Hacche & Christopher Taylor (ed.), Inside the Bank of England, chapter 2, pages 65-89, Palgrave Macmillan.
  • Handle: RePEc:pal:palscp:978-1-137-03231-7_3
    DOI: 10.1057/9781137032317_3
    as

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