British Politics | 1980s UK politics | Thatcher Government | UK Economy | TV Eye | 1980

Part two of a ‘TV Eye’ Special looking at the British Economy one year after the Thatcher Governments application of its monetarist policies, and also the current problems with the UK economy - throughout these changes both inflation and unemployment have risen.
Llew Gardnew speaks to John Nott Secretary of State for Trade.
First shown: 12/06/1980
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Quote: VT22910

[@fraser_mr2009]

this looks like the 70s

[@Deepakverma-yb5ro]

John nott do you believe that things should be nationalised? When is the fix terms parliament act going to be scrapped?

[@gerrywatson261]

Forty years on - nothing as changed we are still F*+@$"?

[@th8257]

Yup. The problems go back at least until the 1800s, and government since has ever managed to solve them. The root causes of the problems with the British economy have always been chronic underinvestment, being slow to move into new industries and methods, together with very poor levels of education and training. Class confrontation was also a huge part of it.

[@Cephlin]

Did he say death ears instead of deaf ears?

[@Deepakverma-yb5ro]

Are you in the Labour Party John nott? Have you become a socialist?