Title

Inflation rate the highest for eight years

Genre

News report; Interview; Speech

TX Date

14 Sep 1990

Year of production

1990

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Duration

00:04:46

Description

Inflation has soared to 10.6 per cent, the highest rate for eight years. Report includes excerpts from the Queen’s Speech of 1979, which identified controlling inflation as a priority, and Margaret Thatcher’s 1980 warning of the need to get the rate of inflation down to compete with our neighbours. John Major says that people should not ask for pay increases; Shadow Chancellor John Smith argues for better credit controls; Economist Peter Spencer talks about how things will not get any better. Female reporter not identified (poss. Clayre Gribben).

Contributors

Margaret Thatcher; Peter Spencer; Queen Elizabeth II; John Major; John Smith; Clayre Gribben?

Keywords

Inflation; Economics; Interest rates

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