From now on, the pound abroad is worth 14 per cent or so less in terms of other currencies. That doesn't mean, of course, that the Pound here in Brit… - Harold Wilson

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From now on, the pound abroad is worth 14 per cent or so less in terms of other currencies. That doesn't mean, of course, that the Pound here in Britain, in your pocket or purse or in your bank, has been devalued.

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About Harold Wilson

James Harold Wilson, Baron Wilson of Rievaulx, KG, OBE, FRS, PC (11 March 1916 – 24 May 1995) was Prime Minister of the United Kingdom from 1964 to 1970, and again from 1974 to 1976. He had an impressive educational background, becoming an Oxford don at 21 and working as a war time civil servant; he was made a government minister immediately after he was elected to Parliament. As Leader of the Labour Party he moved the party towards a technocratic approach and appeared more in tune with the 'swinging sixties'; however his government was beset by economic difficulties and he was unexpectedly defeated in 1970. His return to office with a tiny majority in the mid-1970s saw a referendum which endorsed British membership of the European Communities. He resigned suddenly in 1976, and in his retirement suffered from Alzheimers' disease.

Also Known As

Native Name: James Harold Wilson
Alternative Names: James Harold Wilson, Baron Wilson of Rievaulx
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The period of 15 years from the last time we were in Scarborough, in 1960, to the middle of the 1970s, will embrace a period of technical change, particularly in industrial methods, greater than the whole of the industrial revolution of the last 250 years.

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