December 1976 to be precise – the International Monetary Fund bailed out the UK, at the request of the chancellor, Denis ...
Rachel Reeves loves to cast herself as the heir to Gordon Brown, the former Labour prime minister and chancellor credited with leading the world’s response to the 2008 global financial crash. She was ...
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On This Day: Britain asks the IMF for a loan
49 years ago today, sterling crashed to its lowest ever point against the dollar. Denis Healey stared down his socialist opponents and asked the IMF for a loan – paving the way for Margaret Thatcher’s ...
This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in ...
We will have to see how John Healey’s tenure compares to Denis Healey’s term of office - Shutterstock Editorial In something of a surprise move, newly minted Prime Minister Andy Burnham, faced ...
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