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On 5 September, when the TUC unanimously rejected wage restraint, it was the end of an era, and all the financiers, all the little gnomes in Zürich and other finance centres about whom we keep on hearing, had started to make their dispositions in regard to sterling.

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Reject Restrain September Wage

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Over and above communication and vigilance, there are two factors I have always mentioned. They are sleep, and a sense of history.
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He who rejects change is the architect of decay.
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I’m going on, and the Labour government’s going on.
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It is quite clear to me that the Tory Party will get rid of Mrs Thatcher in about 3 years time.
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If you rattle along at great speed everybody inside is too exhilarated or too seasick to cause any trouble. But if you stop everybody gets out and argues about where to go next.
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We are redefining and we are restating our socialism in terms of the scientific revolution
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The office of president requires the constitution of an athlete, the patience of a mother, the endurance of an early Christian.
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All these financiers, all the little gnomes of Zürich and the other financial centres, about whom we keep on hearing.
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HAROLD WILSON

Reject Restrain September Wage
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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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