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26/08/1966
A reporter checks out the bank holiday getaway to see what effect the economic downturn and the Β£50 limit on foreign currency exchange is having. (1966)
Edition of the national early evening news bulletin.A reporter checks out the bank holiday getaway to see what effect the economic downturn and the Β£50 limit on foreign currency exchange is having. Very little by all accounts, as roads, railways, coaches and airlines all report brisk traffic and trading. (1966)
Last on
Fri 26 Aug 1966
17:55
Clip
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Holiday Crowds Ignore Recession
Duration: 03:11
Did You Know?
The Β£50 limit was part of a package of steps known as the 'July Measures' that were intended to defend the poorly performing pound. Other moves included a six-month freeze on pay and dividends, cuts in public expenditure and higher taxes.Β These measures wereΒ all to no avail, as the pound was devalued in 1967 anyway. The year this economic crisis was occurring, 1966, was also the last time that England won the football World Cup.
Archive
Archive clips reflect the broadcast standards and attitudes of their time, which may not accord to some current Βι¶ΉΤΌΕΔ editorial guidelines.
Broadcast
- Fri 26 Aug 1966 17:55
Bank Holidays Collection
Clips from this programme are available online as part of the Bank Holidays Collection.
