Between 1979 and 1981, Prime Minister Margaret Thatcher presided over an unprecedented economic recession that devastated manufacturing industry
Between 1979 and 1981, Prime Minister Margaret Thatcher presided over an unprecedented economic recession that devastated manufacturing industry
The Troubles in Northern Ireland – years of terrorist attacks by Irish Republicans and Loyalists – left the province economically knackered. There was a huge reliance on state funded jobs, compared to the rest of the UK, and high levels of unemployment. So when American entrepreneur and General Motors executive John DeLorean showed up promising …
In its end of year edition in 1979, The Economist predicted the imminent downfall of Margaret Thatcher but instead she endured for another decade
The collapse of businesses during the 80s Thatcher recession
High youth unemployment – we knew it too…back in 1980