EPISODE · Dec 15, 2022 · 30 MIN
Strikes: How can we avoid a return to the 1970s?
from The Briefing Room · host BBC Radio 4
In the 1970s the UK was gripped by double-digit inflation driven by energy price shocks. Inflation was controlled by raising interest rates as a recession raged. And that prompted workers to demand higher wages. Sound familiar? This week and next will see rail workers, ambulance staff, nurses, bus drivers, baggage handlers, highway workers, Border Force, driving examiners and the Royal Mail all striking on various days. As things stand, the prospects of a resolution don’t look promising. So are we heading back to the 70s and another "Winter of Discontent’?Joining David Aaronovitch in The Briefing Room are:Keith Laybourn, Professor of History at the University of Huddersfield Alex Bryson, Professor of Quantitative Social Science at UCL's Social Research Institute Gemma Tetlow, Chief Economist at the Institute for Government Chris Giles, Economics Editor at the Financial Times Producers: Ben Carter and Kirsteen Knight Editor: Simon Watts Studio manager: Neil Churchill Production co-ordinators: Sophie Hill and Siobhan Reed
What this episode covers
In the 1970s the UK was gripped by double-digit inflation driven by energy price shocks. Inflation was controlled by raising interest rates as a recession raged. And that prompted workers to demand higher wages. Sound familiar? This week and next will see rail workers, ambulance staff, nurses, bus drivers, baggage handlers, highway workers, Border Force, driving examiners and the Royal Mail all striking on various days. As things stand, the prospects of a resolution don’t look promising. So are we heading back to the 70s and another "Winter of Discontent’?Joining David Aaronovitch in The Briefing Room are:Keith Laybourn, Professor of History at the University of Huddersfield Alex Bryson, Professor of Quantitative Social Science at UCL's Social Research Institute Gemma Tetlow, Chief Economist at the Institute for Government Chris Giles, Economics Editor at the Financial Times Producers: Ben Carter and Kirsteen Knight Editor: Simon Watts Studio manager: Neil Churchill Production co-ordinators: Sophie Hill and Siobhan Reed
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Strikes: How can we avoid a return to the 1970s?
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