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Social Contract (Britain)
The Social Contract was a policy by the Labour government of Harold Wilson in 1970s Britain. In return for the repeal of 1971 Industrial Relations Act, food subsidies, and a freeze on rent increases, the Trade Union Congress ensured that its members would cooperate with a programme of voluntary wage restraint. The Social Contract aimed to avoid the difficulty of former incomes policies, allowing the employers, who in nationalised industries were the state, to treat individual groups separately in wage negotiations. There would be 12-month interval between wage settlements to prevent repeated wage demands and allow the state some level of predictability in future wage expenses, and negotiated increases in wages should be confined either to compensating for inflation since the last settlement or for anticipated future price increases before the next settlement. It was to be the foundation on which the Chancellor Denis Healey could introduce a stronger budget in order to control ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Labour Party (UK)
The Labour Party is a political party in the United Kingdom that has been described as an alliance of social democrats, democratic socialists and trade unionists. The Labour Party sits on the centre-left of the political spectrum. In all general elections since 1922, Labour has been either the governing party or the Official Opposition. There have been six Labour prime ministers and thirteen Labour ministries. The party holds the annual Labour Party Conference, at which party policy is formulated. The party was founded in 1900, having grown out of the trade union movement and socialist parties of the 19th century. It overtook the Liberal Party to become the main opposition to the Conservative Party in the early 1920s, forming two minority governments under Ramsay MacDonald in the 1920s and early 1930s. Labour served in the wartime coalition of 1940–1945, after which Clement Attlee's Labour government established the National Health Service and expanded the welfare state ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Harold Wilson
James Harold Wilson, Baron Wilson of Rievaulx, (11 March 1916 – 24 May 1995) was a British politician who served as Prime Minister of the United Kingdom twice, from October 1964 to June 1970, and again from March 1974 to April 1976. He was the Leader of the Labour Party from 1963 to 1976, and was a Member of Parliament (MP) from 1945 to 1983. Wilson is the only Labour leader to have formed administrations following four general elections. Born in Huddersfield, Yorkshire, to a politically active middle-class family, Wilson won a scholarship to attend Royds Hall Grammar School and went on to study modern history at Jesus College, Oxford. He was later an economic history lecturer at New College, Oxford, and a research fellow at University College, Oxford. Elected to Parliament in 1945 for the seat of Ormskirk, Wilson was immediately appointed to the Attlee government as a Parliamentary Secretary; he became Secretary for Overseas Trade in 1947, and was elevated to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The United Kingdom includes the island of Great Britain, the north-eastern part of the island of Ireland, and many smaller islands within the British Isles. Northern Ireland shares a land border with the Republic of Ireland; otherwise, the United Kingdom is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. The total area of the United Kingdom is , with an estimated 2020 population of more than 67 million people. The United Kingdom has evolved from a series of annexations, unions and separations of constituent countries over several hundred years. The Treaty of Union between the Kingdom of England (which included Wales, annexed in 1542) and the Kingdom of Scotland in 170 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Industrial Relations Act
The Industrial Relations Act 1971 (c.72) was an Act of Parliament, Act of the Parliament of the United Kingdom, since repealed. It was based on proposals outlined in the governing Conservative Party (UK), Conservative Party's manifesto for the 1970 United Kingdom general election, 1970 general election. The goal was to stabilize industrial relations by forcing concentration of bargaining power and responsibility in the formal union leadership, using the courts. The act was intensely opposed by unions, and helped undermine the government of Edward Heath. It was repealed by the Trade Union and Labour Relations Act 1974 when the Labour Party (UK), Labour Party returned to government. Background The Act followed the ''Report of the Royal Commission on Trade Unions and Employers’ Associations'', led by Lord Donovan, which sought to reduce industrial conflict and introduce a claim for unfair dismissal. However, under a Conservative government, the protection for workers was reduced com ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trade Union Congress
The Trades Union Congress (TUC) is a national trade union centre, a federation of trade unions in England and Wales, representing the majority of trade unions. There are 48 affiliated unions, with a total of about 5.5 million members. Frances O'Grady became General Secretary in 2013 and presented her resignation in 2022, with Paul Nowak becoming the next General Secretary in January 2023. Organisation The TUC's decision-making body is the Annual Congress, which takes place in September. Between congresses decisions are made by the General Council, which meets every two months. An Executive Committee is elected by the Council from its members. Affiliated unions can send delegates to Congress, with the number of delegates they can send proportionate to their size. Each year Congress elects a President of the Trades Union Congress, who carries out the office for the remainder of the year and then presides over the following year's conference. The TUC is not affiliated with the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Incomes Policy
Incomes policies in economics are economy-wide wage and price controls, most commonly instituted as a response to inflation, and usually seeking to establish wages and prices below free market level. Incomes policies have often been resorted to during wartime. During the French Revolution, "The Law of the Maximum" imposed price controls (by penalty of death) in an unsuccessful attempt to curb inflation, and such measures were also attempted after World War II. Peacetime income policies were resorted to in the U.S. in August 1971 as a response to inflation. The wage and price controls were effective initially but were made less restrictive in January 1973, and later removed when they seemed to be having no effect on curbing inflation. Incomes policies were successful in the United Kingdom during World War II but less successful in the post-war era. Theory Incomes policies vary from "voluntary" wage and price guidelines to mandatory controls like price/wage freezes. One var ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chancellor Of The Exchequer
The chancellor of the Exchequer, often abbreviated to chancellor, is a senior minister of the Crown within the Government of the United Kingdom, and head of His Majesty's Treasury. As one of the four Great Offices of State, the Chancellor is a high-ranking member of the British Cabinet. Responsible for all economic and financial matters, the role is equivalent to that of a finance minister in other countries. The chancellor is now always Second Lord of the Treasury as one of at least six lords commissioners of the Treasury, responsible for executing the office of the Treasurer of the Exchequer the others are the prime minister and Commons government whips. In the 18th and early 19th centuries, it was common for the prime minister also to serve as Chancellor of the Exchequer if he sat in the Commons; the last Chancellor who was simultaneously prime minister and Chancellor of the Exchequer was Stanley Baldwin in 1923. Formerly, in cases when the chancellorship was vacant, the L ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Denis Healey
Denis Winston Healey, Baron Healey, (30 August 1917 – 3 October 2015) was a British Labour Party (UK), Labour politician who served as Chancellor of the Exchequer from 1974 to 1979 and as Secretary of State for Defence from 1964 to 1970; he remains the longest-serving Defence Secretary to date. He was a Member of Parliament (United Kingdom), Member of Parliament from 1952 to 1992, and was Deputy Leader of the Labour Party (UK), Deputy Leader of the Labour Party from 1980 to 1983. To the public at large, Healey became well known for his bushy eyebrows, his avuncular manner and his creative turns of phrase. Healey attended the University of Oxford and served as a Major (United Kingdom), Major in the Second World War. He was later an agent for the Information Research Department, a secret branch of the Foreign, Commonwealth and Development Office, Foreign Office dedicated to spreading anti-communist propaganda during the early Cold War. Healey was first elected to Parliament of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Edward Heath
Sir Edward Richard George Heath (9 July 191617 July 2005), often known as Ted Heath, was a British politician who served as Prime Minister of the United Kingdom from 1970 to 1974 and Leader of the Conservative Party (UK), Leader of the Conservative Party from 1965 to 1975. Heath also served for 51 years as a Member of Parliament (United Kingdom), Member of Parliament from 1950 to 2001. Outside politics, Heath was a yachtsman, a musician, and an author. Born to a lady's maid and a carpenter, Heath was educated at a grammar school in Ramsgate, Kent (Chatham House Grammar School for boys) and became a leader within student politics while studying at the University of Oxford. He served as an officer in the Royal Artillery during the Second World War. He worked briefly in the Civil Service (United Kingdom), Civil Service, but resigned in order to stand for Parliament, and was elected for Bexley (UK Parliament constituency), Bexley at the 1950 United Kingdom general election, 1950 el ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Politics Of The United Kingdom
The United Kingdom is a unitary state with devolution that is governed within the framework of a parliamentary democracy under a constitutional monarchy in which the monarch, currently Charles III, King of the United Kingdom, is the head of state while the Prime Minister of the United Kingdom, Rishi Sunak, is the head of government. Executive power is exercised by the British government, on behalf of and by the consent of the monarch, and the devolved governments of Scotland, Wales and Northern Ireland. Legislative power is vested in the two chambers of the Parliament of the United Kingdom, the House of Commons and the House of Lords, as well as in the Scottish, Northern Irish and Welsh parliaments. The British political system is a two party system. Since the 1920s, the two dominant parties have been the Conservative Party and the Labour Party. Before the Labour Party rose in British politics, the Liberal Party was the other major political party, along with the Conserv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1970s In The United Kingdom
Year 197 ( CXCVII) was a common year starting on Saturday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Magius and Rufinus (or, less frequently, year 950 ''Ab urbe condita''). The denomination 197 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * February 19 – Battle of Lugdunum: Emperor Septimius Severus defeats the self-proclaimed emperor Clodius Albinus at Lugdunum (modern Lyon). Albinus commits suicide; legionaries sack the town. * Septimius Severus returns to Rome and has about 30 of Albinus's supporters in the Senate executed. After his victory he declares himself the adopted son of the late Marcus Aurelius. * Septimius Severus forms new naval units, manning all the triremes in Italy with heavily armed troops for war in the East. His soldiers embark on an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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