2013 | OriginalPaper | Buchkapitel
Autumn 1976 to Summer 1977
verfasst von : Graham Hacche, Christopher Taylor
Erschienen in: Inside the Bank of England
Verlag: Palgrave Macmillan UK
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I have started writing this section of my account on 3rd January 1977, an extra New Year bank holiday this year. It takes up from where I left off in the early autumn and covers the run-up to the negotiations with the IMF, which started at the beginning of November and were completed just in time for Christmas. All that has happened since the summer has in a sense been no more than playing out events which had already been set in train. But there were several features which I find notable. The way in which events were handled gives me the feeling of a government re-establishing some control over the direction in which it was being carried.