Image

NG5184.jpg

Ref NoNG5184
Alt Ref NoNG5184
Artist or CreatorNicholas Garland
Title or Caption[no caption]
Extent1 item
Published byDaily Telegraph
Date29 Jan 1993
FormatArtwork
Size54 x 37cm
TechniqueBlack ink
Embedded text or transcriptBankruptcies
Recession
Unemployment
Devaluation
Repossession
Trade Gap
10
Person DepictedMajor; John (1943-)
NotesNews: A defiantly optimistic John Major last night denounced the British "genius for running ourselves down" but tacitly admitted that government and industry still have much to do to restore the country's neglected manufacturing base. The Prime Minister pledged himself "to do nothing to compromise our commitment to low inflation and control of public expenditure" before a Tory fundraising audience less openly sceptical than the City has been to this weeks unexpected interest rate cut. Analysts increasingly believe the cut to 6 % was imposed on a reluctant Treasury and Bank of England by a Downing Street team determined to stimulate recovery at all costs and to distract Tory backbenchers from the o]pits crisis and divisions voer the need for higher taxes in the budget to control the deficit. [Michael White and Larry Elliot, The Guardian, 30th January 1994]
SubjectsConservative Party
recession
10 Downing Street
mothers
children
unemployment
national economy
prime ministers
Copyright contact detailssyndication@telegraph.co.uk
Location of artworkBritish Cartoon Archive
Relates to cartoonNG5184

Show related Persons records.

Persons
CodePersonNameDatesAboutMultimediaImage
GB/BCA/2367Major; John (1943-)1943-   
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