254. Maggie reaching the top

254. Maggie reaching the top

Thatcher’s victories, including a general election landslide and breaking the miners’ strike, emboldened her to launch another phase in the reduction of the role of the state in the British economy.

Nationalised industries were privatised, with encouragement given to individuals to buy the shares, which they did with enthusiasm. This came on top of the continuing success of council house sales under the ‘Right to Buy’ scheme. Extending home and share ownership to far more people, from far more modest backgrounds than ever before, Thatcher claimed, was opening an era of popular capitalism.

The reality, however, was more nuanced. Many buyers of shares in privatised companies sold them again, taking a quick profit, because the share price on flotation had been low and it climbed dramatically afterwards. Many owners of former social housing also sold their properties, leading to a large minority ending back again as rentals, but with private landlords not bound by the policy of affordable rents that councils had applied.

Similarly, another great initiative of the Thatcher government, the deregulation of the London Stock Exchange, seemed to go brilliantly. London regained its status as a major financial centre. It would only be twenty or so years later that some of the downside emerged, when the encouragement to banks to engage in speculation became a contributing factor to the 2008 crash.

The IRA was running a terrorist campaign in Britain too, one that nearly claimed Thatcher's own life, when a bomb was planted in Brighton’s Grand Hotel, where she and many leading Tories were staying for the party conference. Thatcher reacted with commendable courage and resolution at the time, and later even went so far to negotiate an Anglo-Irish agreement, again giving the Republic a consultative role in the affairs of Northern Ireland. It didn't go far enough, as the Good Friday agreement would a decade later, but it was an important step,

And then there was the Westland affair, when a British helicopter manufacturer ran into difficulties, and a dispute broke out in cabinet over which two options, American or European, to back for a rescue. Ultimately, that led to the Minister of Defence, Michael Heseltine, openly defying Thatcher. That was an ominous event, a first crack in the previously apparently indestructible fortress of support for Thatcher among her colleagues.

It was a foretaste of unpleasantness ahead but for the moment that was still quite a way in the future.


Illustration: Margaret Thatcher in defiant mood, speaking out against terrorism at the 1984 Conservative Party conference, after the bomb attack on the Grand Hotel in Brighton. Photo from The Guardian.

Music: Bach Partita #2c by J Bu licensed under an Attribution-NonCommercial-No Derivatives (aka Music Sharing) 3.0 International License


Avsnitt(268)

3. A bit of a mess

3. A bit of a mess

At last, Henry VIII's wish could be fulfilled. He left the throne to his son. A male heir, just what he'd always wanted. Well, it wasn't that simple, First of all, Edward VI was only 9 when he came to the throne. Real power was exercised by a Regency Council that was - and this may shock you - not massively competent and rather more concerned with its own interests than with the nation's. What's more, Edward was England's first definitively Protestant monarch. A second shock for you will be to discover that a zealot for the oher side could be just much of a vandal as his enemies on the other. The illustration is a 19th century engraving of Edward VI, ©Georgios Kollidas/123RF.COM

29 Nov 20207min

2. The Wives of Henry VIII

2. The Wives of Henry VIII

We got to know Henry VIII a bit in chapter 1. We also talked a little about his wives, and it seems only right that we think about them a bit more now, especially since having a lot of wives is what Henry's best known for. So chapter 2 takes a look at their stories, at why Henry married them (well, the other reasons, apart from his attraction to young women), and to what extent he hit his objective. And, to surprise and amuse us all, we end with an unusual example of foresight and enlightened thinking from a monarch generally better known for self-serving authoritarianism. The picture is a detail of a British stamp showing the face of Catherine Howard, the wife who was rather too free with her charms for the taste of of her husband. ©Andy Lidstone/123RF.COM Music: Bach Partita #2c by J Bu licensed under an Attribution-NonCommercial-NoDerivatives (aka Music Sharing) 3.0 International License.

24 Nov 202013min

A History of England (Trailer)

A History of England (Trailer)

21 Nov 202036s

1. Bloody Henry

1. Bloody Henry

Welcome to A History of England. As well as the podcast, there's a series of accompanying booklets, available as a paperback or a Kindle download. The first, covering episodes 1-35, is available on Amazon now. Just look for David Beeson A History of England. We can't get started without taking a moment to acknowledge the Spanish journalist and novelist, Arturo Perez Reverte. It was his Una Historia d'España, A History of Spain that inspired me to make this series. I like the idea of really short chapters, which I've imitated. I like the use of a normal sort of language,  and not fine, carefully modulated diction. But above all, what I liked was the idea of A history and not The history of the nation. I make no pretence at writing some academic tome. I make no pretence of academic detachment. I do make a pretence, or rather the attempt, to get the facts as right as possible. However, it's a particular view. Above all, it's less about discovering what England did at any particular point over the last few centuries, as about understanding how, by doing it, England got Britain to where it is today.  Let's get started. With, sensibly enough, Chapter One. It's dedicated to Henry VIII or, as I think of him, Bloody Henry. Picture: ©Satori/123RF.COM Music: Bach Partita #2c by J Bu licensed under an Attribution-NonCommercial-NoDerivatives (aka Music Sharing) 3.0 International License.

19 Nov 202012min

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