Word: finniston
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Dates: during 1974-1974
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...country to a shattering halt. Coal stocks at power stations (70% of Britain's electricity is generated by coal) are not expected to reach emergency levels for about two months. But the effects on British industry will be swift, and potentially ruinous. Said British Steel Chairman Monty Finniston: "For four to seven weeks you will get a trickle of steel, and then-curtains." The London stock market last week reflected that gloomy prospect when prices plunged to their lowest level in seven years because of what one official called fears of "a catastrophe unparalleled in our postwar industrial history...
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