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Labour leader 1935-55 and PM 1945-51. He was seen as down-to-earth and appealing. He distrusted Deputy PM Morrison and did not wish to be succeeded by him. |
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Deputy PM 1945-51 and also adopted Foreign Secretary after Bevin's death in 1951. |
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Foreign Secretary 1945-1951 until his illness lead him to resign and he died soon afterwards. He was expected to become Chancellor but his poor relations with Morrison prevented this. He was also a founding member of the TGWU in 1922 |
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Chancellor 1945-47 when he leaked a budget detail to the press and was forced to resign |
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Succeeded Dalton as Chancellor. His measures of austerity to avoid financial crisis made him unpopular |
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Minister of Health 1945-51 and the creator of the NHS. He resigned in 1951 after charges introduced in the NHS. He |
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Financial aid from the USA whilst the war with Japan continued. However, the payments ended earlier than Britain had expected when Japan surrendered in 1945 |
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US aid to rebuild Europe in 1948 |
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Aid recieved from the Marshall Plan |
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Negotiated by Keynes who was disappointed at the result. In return Britian had to end Imperial Preference, join GATT and devalue the pound. Repayments were to begin in 1951. |
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$3750 million at 2% interest |
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The terms of the post-WW2 US loans. |
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Improvement in imports post WW2 |
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Improvement in Exports post WW2 |
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General Agreement on Trade and Tariff, joined by Britain in 1947 |
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Decline in British reserves in 6 months of 1949 when America appeared to be on the brink of depression. |
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Post WW2 Production increase. |
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