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09 September 2025

UK in Chanhging Europe's Johnson: What can Rachel Reeves learn from the 1970s IMF crisis?

Those of my generation – I was born in the late 1960s – remember 1976 for its record-breaking heatwave. Even I was not precocious enough to follow the drama of the economic crisis that played out that year. I do have vague memories of the Labour leadership election of 1976, but none of...

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