What price is inflation | 1970s Politics | Food Prices in the 70s | Good Afternoon | 1971

Joan Shenton and Tony Bastable discuss the cost of living and the with special guests - with Sir. Geoffrey Howe of the Conservative Party, Shirley Williams of the Labour Party and Liberal spokesperson Des Wilson.
First shown: 21/02/1971
If you would like to license a clip from this video please e mail:
[e-mail]
Quote: VT9028

[@NoName-to5xl]

My god, the level of civility is unthinkable today. I wish we went back to that type of respect and composure.

[@NoName-to5xl]

@Sultan King and when they fought, they kept their dignity. When they lied, they lied with some class.

[@doubledeckers]

On afternoon TV too instead of patronising the viewer.

[@cravey44]

so basically, politicians have never known how markets actually work....thatd be a fascinating thesis

[@cravey44]

also I see some Harry Potter character devs

[@missjade2940]

@@cravey44 Des Wilson as Peter Pettigrew😃😂

[@callumhardy5098]

Quite, thought-out, intelligent conversation! OH! How I miss this! Complete opposition to the loud, quick, avoiding the question answers! Of today’s politicians!

[@amirsimmons1801]

Joan Shenton was so beautiful and breathtaking back then.

[@ajs41]

She was 27 here.

[@teeteringonthebrink.305]

Oh for sure. I made a similar observation elsewhere on youtube.

[@ajs41]

My father is almost the same age as Des Wilson, and he dressed and looked similar to this at the same time in the 1970s. Interesting to actually see that type of fashion/demeanour on video.

[@manpreetbrar838]

It was before clippers were invented.

[@tomservo5007]

This style of presentation really puts today's TV to shame. Today, this segment would have 6 windows with talking heads yelling at each other and going off topic every few minutes. At the end of the program the viewer gains ZERO new insights into the topic

[@clipstone]

If this is 1971 why does Shirley talk about 1972 as the past and Tony says the price of food has risen by half since 1970 - surely not in ONE YEAR! I reckon this is 1974.

[@MatthewBrannigan]

I thought that 'Good Afternoon" began when ITV started their full daytime schedule in October 1972, so I think your suspicions may be correct.

[@neilgorin1037]

The act they are discussing came into law in March 73, so this debate had to be some months later given they appear to be discussing the effect of it being in place.

[@clipstone]

@@MatthewBrannigan They also mention the election - I don't think there was an election until 1974.

[@robinvanags912]

@@clipstone Correct

[@Alfredromeothatsme]

1974 sounds about right. Williams was Shadow Secretary for Consumer Protection from 1973 to 1976.

[@Nebulous0_o]

I love Shirley Williams, she’s a total hippie at heart. She lived in a ‘69 VW bus around the time this was filmed🦋🐞🌻

[@charleskristiansson1296]

I carried her to San Francisco in the early 1990s with her husband and she refused an upgrade to first class and also first class washbags and champagne from economy. She gave me a hug and a kiss when she got off the aircraft

[@stephaniehayden7630]

This is 1974. The first 1974 General Election was on 28 February 1974. Manifestos are being discussed and Geoffrey Howe would have been Solicitor General in 1971.

[@zomgoose]

2022-2024 is going to be interesting

[@MsSteve70]

This is 1974 not '71 as advertised.

[@lenkapenka6976]

Very likely Dec 1973/Jan 1974....

[@gabriellaj.o.6180]

If only we were so well spoken and dignified now. How eloquent. Unlike now. Is it.

[@aham3078]

This was obviously during the General Election campaign of February 1974 - note Tony Banstable mentioned at the end that they would be back in a fortnight's time, after the shouting was over!

[@gerry5134]

Tony Bastable's lapels are impressive ! 😊

[@NoosaHeads]

The price on the meatballs was "24p" that meant it was *after* February '71 - but how much beyond that is anyone's guess. Des Wilson was 30, Shirley Williams was 41, Joan Shenton was 28. Geoffrey Howe was 44....

[@DoyouknowthatJesusmadeTables]

Is this a 70's game show ?😂 Looks so retro

[@jeffersonblackmon]

Big Government causes the problem then makes the problem worse. And the people suffer.

[@MargaretPinard]

It strikes me finally to wonder why Tony B speaks from such a hunched profile, like he's been gaming for days...

[@bisonmma-kickboxing2511]

It’s been the same story for a 100 years .... it’s all a big game. 🃏

[@w3s77]

BBC can just re-air this segment today and take the day off. Inflation only lasted 10 more years.

[@brucedanton3669]

This would have been on ITV at the time by the way as it was Thames; not the BBC though.

[@barryballsit4944]

The date on this is obviously wrong. Geoffrey Howe was only made Minister for State for Consumer Affairs at the end of 1972. Yet the title date says 1971. Similarly Shirley Williams discusses currency movements and mentions the year 1972. There is also talk of a Conservative manifesto. And coal mine strikes and energy policy. Clearly this was broadcast some time near the 1974 election

[@samanthahardy9903]

I find it interesting how these 3 politicians are discussing possible solutions in this broadcast, however there does not seem to be this much public debate in 2022. Funny how the Tory mentioned a tax credit system in the 70's and yet it was actually. Labour who introduced it about 20 years later. In 2022 they should have a profit margin control on energy companies and big companies.

[@MrDuncl]

What I found interesting was that the Liberals were proposing a pensions formula that sounds like a key part of the Triple Lock.

[@kristinaking4680]

I wonder if the participants in this program are alive? and where are they now?

[@saborfrancias]

I want Wilson's haircut

[@PDXLibertarian]

Mr. Lucas meets Peter Duesberg.

[@hedgefundguy]

Whose here in 2022?

[@samanthahardy9903]

Me! It's good to look at the past to figure out what the future will be as history always has a habit of repeating itself.

[@badsport2008]

Politicians with thought out and costed strategies. Imagine.

[@edwardalexander9486]

Boris Johnson makes Geoffrey Howe - a very middling politian - look like an intellectual titan.

[@barryballsit4944]

Not correct. People do not spend a decade in the very high offices of Chancellor of the Exchequer and Foreign Secretary if they are "middling" politicians. Howes mild manner should not distract one from his great role in the reforms of Thatchers government which had a lasting impact on the UK. He was the architect of the shift to free market policies. And also remembering he precipitated Thatchers downfall in 1990, such great events are not the realm of "middling politicians", they do not bring down Prime Ministers like Howe did

[@tommyharris5817]

I only came here to check the men's hairstyles

[@therealbettyswollocks]

Can anyone convert thruppence ha’penny in the pound to burgers per square yard?

[@blissy1]

There is bound to be a conversation chart somewhere on the net

[@MrDuncl]

Back when the £ was worth enough to merit a half pence (withdrawn at the end of 1984).

[@jaksongpg]

date is wrong - after 72

[@2112pk]

why does the conservative spokesman here in 1974 look less old fashioned than they do now?

[@buddha1736]

Don’t worry folks we will soon be seeing all this again after the conservatives have spent all the money on this coronavirus pandemic. 😉

[@buddha1736]

RichardTheThird But.... According to the Conservatives it will bring prosperity to all our northern folks lol 😂

[@MrDirkles]

Were already in it. Have you seen the price of housing lately? The only way they can get the money back is by stealing it via inflation

[@Sam-tx4jz]

Are you saying the corona is fake? And if so are you okay?

[@gabriellaj.o.6180]

Geoffrey Howe. That hair.

[@MrDuncl]

Has Rishi been watching this ?

[@stevebobhorace]

When interviews about economic policy weren't dumbed down. (Any Brits here sick of trying to hit Skip Ad before "CATCH THEM SERGEI!" happens?)

[@peaceman269]

Wow x

[@insertnamehere5146]

inflation ate my mortgage :)

[@alphabet_soup123]

I'd love this...

[@insertnamehere5146]

@@alphabet_soup123 it was great! we were getting 8% 9% pay rises year on year. Of course everything got more expensive except the mortgage which became less of a chore the more money you earned because it nearly remained the same. Interest rates were much higher then. At one point 15% but as the mortgage had been so eroded by inflation it was something i could live with. I was able to clear my mortgage at 50 and that was changing to a more expensive house halfway through from 23 to 50 . if it was today with the salary i am on i would be as screwed as everyone else likely renting or stuck with a expensive mortgage on a silly little flat for decades. I genuinely feel sorry for young house buyers today. The young are going to have to wait for their parents to die to get a split on their houses which will put them in their 40s before they can have a home of their own.

[@MrDuncl]

My parents bought their house in 1968. Twenty years later double glazing cost them more than the house. Regarding @insert name here 's comment about 15% interest rates, was this around the time that Ford broke Government policy and gave their workers a 15% pay rise to keep them happy ? p.s. Even in 1986 my first house, an two year old two bedroom "starter house" was three times by salary as a 23 year old junior engineer. Not a coincidence, as the idea of being able to borrow more than 3 x salary or have more than one mortgage was unheard of back then.

[@BorisBoris-sl1sf]

Price and income policy is not much better than praying and wishing it were so. Thank God we have moved away from these cargo-cult policies.

[@unionvsleague6223]

Who's watching in 2022? - The only way to beat high prices is with high prices

[@Sturgeon54]

LOL, talking about shrinkflation back in the early '70s.

[@blissy1]

I think it is about 1971, he talks about supermarket profits in old British money so this was before decimal currency was introduced in February 1971

[@MrDuncl]

@monsieurtechnical That confused me, although I remember the decimal half pence coin (withdrawn in 1984. When this was broadcast there would have been items in a sweet shop you could still buy with one.

[@MrDuncl]

@monsieurtechnical Thanks. Corrected above.

[@stephennoonan8578]

Why cut the title sequence ?! 😬

[@ajs41]

Good point.

[@mrdarcy9379]

What a great show this looks to be. Would be great if this was brought back to keep the supermarkets honest here in Australia. They've made Billions in profit they just announced in the past year. And meanwhile families are truly struggling in a cost of living crisis. Its shameful.

[@BorisBoris-sl1sf]

Inflation is caused by the Government printing money, not by producers and merchants. We have learned a thing or two since then.

[@peterbradshaw8018]

Price madness!

[@Coconutlacroix]

Coming to the US but in a far less civil manner.

[@Glitter101]

Kristina king only Des Wilson.

[@fatlad5090]

Pwices wed fawwawi

[@joncotn]

I’m sure this isn’t 71 but 74

[@lenkapenka6976]

Very likely Dec 1973/Jan 1974....

[@picklewiickle.1583]

Notice no VOCAL FRY

[@AndrewC67]

God bless Margaret Thatcher for ending this nonsense by abolishing the prices commission!

[@MrDuncl]

I wonder what she would make of the situation today with inflation out of control and the BoE asleep at the wheel ?

[@tonyinit8488]

Geoffrey used talk to sheep apparently.... indeed listening to him would be a good alternative to counting sheep.... zzzzzz

[@sparkle4223]

1st

[@sirkastic]

The 70s sucked

[@sirkastic]

@@CS88754 The music was good. I'll give you that

[@melgrant7404]

2020 is worse

[@sirkastic]

@Obsidian Wildfire Because, Daddy, Daddy Cool.

[@zeddeka]

@@CS88754 every era has it challenges. I don't think though that anyone would want to go back to the types of problem there were in the 70s.

[@MrDuncl]

In the 1970s it was still possible to buy a decent house on a single wage and still have enough money to bring up a family.