Great Depression in the United Kingdom/Timelines: Difference between revisions
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imported>Nick Gardner No edit summary |
imported>Nick Gardner No edit summary |
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: (November) Bank of England raises discount rate from 5% to 6% | : (November) Bank of England raises discount rate from 5% to 6% | ||
1920 | 1920 | ||
: Montagu Norman becomes Governor of the Bank of England | |||
: (April) Bank of England raises its discount rate to 7% | : (April) Bank of England raises its discount rate to 7% | ||
:Post-war recession [http://www.econ.berkeley.edu/~eichengr/research/floudjohnsonchaptersep16-03.pdf]. | :Post-war recession [http://www.econ.berkeley.edu/~eichengr/research/floudjohnsonchaptersep16-03.pdf]. | ||
| Line 14: | Line 15: | ||
1924 | 1924 | ||
: (January) Labour Government. Prime Minister Ramsay McDonald. Chancellor of the Exchequer Phillip Snowden. | : (January) Labour Government. Prime Minister Ramsay McDonald. Chancellor of the Exchequer Phillip Snowden. | ||
: (November} Conservative Government. Prime Minister Stanley | : (November} Conservative Government. Prime Minister Stanley Baldwin. Chancellor of the Exchequer Winston Churchill. | ||
1925 | 1925 | ||
: Britain rejoins the gold standard. | : Britain rejoins the gold standard. | ||
Revision as of 16:33, 28 February 2009
1919
- Coalition Government Prime Minister David Lloyd George
- (November) Bank of England raises discount rate from 5% to 6%
1920
- Montagu Norman becomes Governor of the Bank of England
- (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 Baldwin. 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.