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what were the features of the industrial relations act
industrial relations court that judges validity of strike action
unions has to put them self on a register to keep their legal rights
restricted rights from workers by implementing “unfair industrial practices”
who was john davies and what did he promise?
john davies was appointed head of trade and industry
he wanted to not support “lame ducks” bad preforming businesses
What was barber economics
barber was chancellor of the exchequer replacing Ian MacLeod
income tax cuts
reduction in government spending
scrapping the price and income board
cuts in subsidies paid to local authorities
why did heath make a U turn 18 months in?
inflation increased by 15%
this led to the prices and income board coming back
when rolls-royce was doing bad the government nationalised it
the upper clyde shipbuilders also received ÂŁ34million to keep the business running