UK Monetary Policy from Devaluation to Thatcher, 1967-82

Duncan Needham offers a detailed exploration of the evolution of monetary policy in the UK during a transformative period marked by economic turbulence and political change. Spanning from the devaluation of the pound in 1967 to the onset of Margaret Thatcher's governmental reforms, the narrative examines the fiscal challenges and policy responses that shaped the nation's economic landscape.

Through comprehensive analysis, the work highlights the interplay between domestic policies and global economic trends, illustrating how various administrations grappled with inflation, unemployment, and currency stability. Needham's insights provide a nuanced understanding of the decisions that influenced the UK's financial trajectory and the legacy that defined British economic policy in the late twentieth century.