Word: chancellor
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Dates: during 1970-1979
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...weekly wage rates for manual workers rose 32.6%, leapfrogging ahead of the 25% inflation rate for the same period. Last week, after inflation had worsened and the pound sterling had hit a new low, Wilson and his Cabinet took a deep breath and finally scrapped the tattered social contract. Chancellor of the Exchequer Denis Healey announced that beginning with the September round of pay negotiations no wage increases above 10% will be allowed...
...will be the first since the Depression. Says Ronald Jones, a teacher at P.S. 10: "Teachers on the bottom of the list are panic-stricken, bewildered; they can't believe it. They're hoping that some guy will come out of the sky with the money." School Chancellor Irving Anker predicts that the firings will result in many classes having more than 40 pupils in September-compared with the previous average of less than...
Hitler's myriad executioners sometimes operated abroad. One early victim was Austrian Chancellor Engelbert Dollfuss, killed in 1934 by Austrian Nazis. A Croatian secret society called the Ustachis, with possible assistance from Mussolini's and Hitler's governments, killed French Foreign Minister Jean Louis Barthou and King Alexander of Yugoslavia in Marseille...
Meeting problems head-on has never been Harold Wilson's political style, but there were signs that the Labor government had developed a belated sense of urgency about Britain's prolonged crisis. At a meeting of the Scottish Labor Party in Glasgow, Chancellor of the Exchequer Denis Healey announced that leaders of the trade union movement, industry and government will soon begin meeting to work out a program aimed at cutting Britain's 30% inflation by half within the next twelve months. "The key to solving inflation is the level of wage settlements," said Healey-meaning that...
...Union Congress's September conference sounds the opening gun for the next round of wage negotiations. Although a recent Opinion Research Center poll disclosed that 70% of Britain's voters, including 63% of trade union members, want the government to take legal control of wage settlements, the Chancellor rejected the notion of a statutory wage policy. Hopes for an effective policy of voluntary wage restraint were raised, however, when the T.U.C.'s economic committee drew up a working paper that recommends keeping pay increases below 20% in order to stem inflation and unemployment...