
Strikes: How can we avoid a return to the 1970s?
In the 1970s the UK was gripped by double-digit inflation driven by energy price shocks. Inflation was controlled by raising interest rates as a recession raged. And that prompted workers to demand higher wages. Sound familiar?
This week and next will see rail workers, ambulance staff, nurses, bus drivers, baggage handlers, highway workers, Border Force, driving examiners and the Royal Mail all striking on various days. As things stand, the prospects of a resolution don’t look promising. So are we heading back to the 70s and another "Winter of Discontent’?
Joining David Aaronovitch in The…
The skinny
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