Great Depression in the United Kingdom/Timelines: Difference between revisions
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: World Economic Conference: US vetoes international currency stabilisation [http://www.answers.com/topic/world-economic-conference]. | : World Economic Conference: US vetoes international currency stabilisation [http://www.answers.com/topic/world-economic-conference]. | ||
1935 | 1935 | ||
(June) National Government Prime Minister Stanley Baldwin Chancellor of the Exchequer Neville Chamberlin. | :(June) National Government Prime Minister Stanley Baldwin Chancellor of the Exchequer Neville Chamberlin. |
Revision as of 16:14, 28 February 2009
1919
- Coalition Government Prime Minister David Lloyd George
- (November) Bank of England raises discount rate from 5% to 6%
1920
- (April) Bank of England raises its discount rate to 7%
- Post-war recession [1].
1922
- Economic and Monetary Conference recommends return to the gold standard [2].
- (October) Conservative Government. Bonar Law Prime Minister
1923
- (May) Conservative Government. Prime Minister and Chancellor of the Exchequer Ramsay McDonald.
1924
- (January) Labour Government. Prime Minister Ramsay McDonald. Chancellor of the Exchequer Phillip Snowden.
- (November} Conservative Government. Prime Minister Stanley Badwin. Chancellor of the Exchequer Winston Churchill.
1925
- Britain rejoins the gold standard.
1929 (June) Labour Government Prime Minister Ramsay McDonald. Chancellor of the Exchequer Phillip Snowden
- Bank of England raises the bank rate from 4.5% to 5.5%
1931 (August) National Government. Prime Minister Ramsay McDonald. Chancellor of the Exchequer Phillip Snowden (November) Chancellor Neville Chamberlin
- Sterling (£) Crisis [3].
- Britain leaves the gold standard
1932
- General tariff of 10% on imports
1933
- World Economic Conference: US vetoes international currency stabilisation [4].
1935
- (June) National Government Prime Minister Stanley Baldwin Chancellor of the Exchequer Neville Chamberlin.