Devaluation
Series
- Series Name
- Pathe News
Issue
Story
- Story No. within this Issue
- 1 / 4
- Summary
- The pound was down. Devaluation was the answer the Government resorted to in the effort to get the Nation back on a firm financial footing. The city was a strangely quiet place on the first day of devaluation week. It was moneyless Monday. The Stock Exchange was empty. Brokers and jobbers weren’t allowed to do business, but they packed the pavements of Throgmorton Street to talk and to guess how the Market would react when business resumed. City banks were closed - the shutters were up for one day while the staff inside made adjustments before opening their doors again. Devaluation is a drastic measure, but it may be the way to solve Britain’s money troubles.
- Keywords
- Economics
- Locations
- London
- Credits:
-
- Camera
- Pat Whitaker
- Camera
- S. M. F. Plummer
- Length of story (in feet)
- 109
-
Film clip
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This series is held by:
Film Archive
- Name
- British Pathe Ltd
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- Web
- https://www.britishpathe.com/
- Phone
- 0207 665 8340
- Address
- 3.29 Canterbury Court
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London
SW9 6DE - Notes
- Pathe now also handles the Reuters Historical Collection, which includes the British Paramount, Empire British, Gaumont Graphic and Gaumont British newsreels.
- Series held
- View all series held by British Pathe Ltd
How to cite this record
'Devaluation', Pathe News Issue No. 67/94, 23 Nov 1967. https://learningonscreen.ac.uk/newsonscreen/search/index.php/story/112857 (Accessed 08 Feb 2025)