1 Sept 1976 Jahr - International
Monetary
Fund Bailout of
£2.3 billion
to UK
Beschreibung:
In 1976, the UK government had to turn to the International Monetary Fund (IMF) for a loan of £2.3 billion due to economic struggles and high inflation. The IMF imposed austerity measures, including cuts to public spending, which led to social unrest in the UK.
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