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The Times


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lessons from a previous Conservative government struggling with a cost of living crisis

  • Written by: Jim Phillips, Professor of Economic and Social History, University of Glasgow

Midwinter. War in the Middle East. Energy crisis. Rising prices borne disproportionately by low-wage workers, particularly in a public sector squeezed by a “Tories in turmoil” UK government.

Not December 2023, in fact, but December 1973, as Britain prepared for the three-day working week that commenced on January 1. It arose after the...

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