British Labour Government Macroeconomic Policies and Keynesian Reconstruction (1945–1951)

1. Employment Policy White Paper sets demand-management goal

   Jun 21, 1944Labels: Employment Policy

   • Hansard
   • Hansard

2. Attlee’s Labour government elected with reconstruction mandate

   Jul 26, 1945Labels: Attlee government, Clement Attlee

   • Britannica
   • UK Parliament

3. Bank of England brought into public ownership

   Feb 14, 1946Labels: Bank of

   • Legislation gov uk
   • Bank Act

4. New social insurance system legislated

   Aug 1, 1946Labels: National Insurance

   • Legislation gov uk
   • Nat Insurance

5. Coal industry nationalisation begins under National Coal Board

   Jan 1, 1947Labels: National Coal

   • Legislation gov uk
   • Coal Act

6. Industrial planning powers expanded via development councils

   Jul 31, 1947Labels: Industrial Organisation

   • Legislation gov uk
   • IOD Act

7. Transport system brought under British Transport Commission

   Jan 1, 1948Labels: British Transport

   • Legislation gov uk
   • Transport Act

8. Electricity industry nationalised to support coordinated rebuilding

   Apr 1, 1948Labels: British Electricity

   • Legislation gov uk
   • Electricity Act

9. National Health Service launches as universal public service

   Jul 5, 1948Labels: National Health

   • UK Parliament
   • National Archives

10. Gas industry nationalisation takes effect via area gas boards

    May 1, 1949Labels: Area Gas

    • Legislation gov uk
    • Gas Act

11. Sterling devalued amid balance-of-payments pressures

    Sep 18, 1949Labels: Sterling devaluation

    • Sterling 1949
    • Guardian

12. Iron and Steel Act sets nationalisation framework

    Nov 24, 1949Labels: Iron and

    • Legislation gov uk
    • Steel Act

13. Festival of Britain showcases recovery at end of Labour era

    May 3, 1951Labels: Festival of

    • London Museum
    • Festival 1951

14. Labour leaves office as Conservative government elected

    Oct 25, 1951Labels: 1951 general, Conservative Party

    • Britannica
    • UK Parliament