Memoirists from the United Kingdom

174 quotes found

"Mosley’s British Union of Fascists (October 1932) won some important early converts, like Lord Rothermere, publisher of the mass-circulation London Daily Mail. Mosley’s movement aroused revulsion, however, when his black-shirted guards spotlighted and beat up opponents at a large public meeting at the Olympia expedition hall in London in June 1934. Hitler’s Night of the Long Knives, at the end of the same month, provoked the departure of 90 percent of the BUF’s fifty thousand members, including Lord Rothermere. At the end of 1934, Mosley took an actively anti-Semitic track and sent his Blackshirts to swagger through London’s East End, where they fought with Jews and Communists, building a new clientele among unskilled workers and struggling shopkeepers there. The Public Order Act, passed soon after the “Battle of Cable Street” with antifascists on October 4, 1936, outlawed political uniforms and deprived the BUF of its public spectacles, but it grew again to twenty thousand with a campaign against war in 1939. Mosley’s black shirts, violence, and overt sympathy for Mussolini and Hitler (he was married to Diana Mitford in Hitler’s presence at Munich in 1936) seemed alien to most people in Britain, and gradual economic revival after 1931 under the broadly accepted National Government, a coalition dominated by conservatives, left him little political space."

- Oswald Mosley

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"While the strength of demand in the British economy should have elicited higher interest rates from early 1987 onwards, Lawson was so fixated with his DM-shadowing policy that he not only refused to raise rates but actually cut them, first in October 1987 and then again in February and March 1987... By the early spring of 1988, Mrs Thatcher was growing increasingly worried about Lawson's attempts to hold sterling down. A row erupted in March, when the Prime Minister rightly criticized Lawson's intervention tactics, saying at Prime Minister's Question Time in the Commons that "you can't buck the market." With the weight of foreign buying growing ever greater, and his Prime Minister by now very much alive to the problem, a reluctant Lawson was forced to call a halt to intervention. Sterling surged through the top range of DM2.90 to DM3.00 that he had imposed. In mid-May, in an effort to stem the rise in the pound without again resorting to intervention, the Chancellor cut interest rates one last time (the Labour Party, one should not forget, was pressing for even bigger cuts). But even Lawson could no longer ignore the mounting evidence of inflationary pressure (in the form of rapid increases in demand and output, in house prices and – as unemployment fell very rapidly – in wages and labour costs). Having reduced interest rates to 7.5% in mid-May to restrain sterling, at the end of May he raised them to restrain inflation, apparently unwilling to recognize that the inflationary pressure was the result of his DM-shadowing policy. Sir Alan Walters, in a radio interview, presciently remarked that the Chancellor, by having delayed far too long in tightening policy, had condemned Britain to much bigger increases in interest rates in the future."

- Nigel Lawson

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"The combined efforts of Government policy since 1979 have been not to improve but substantially to worsen our competitive position. We have gone from a huge manufacturing surplus of £5.5 billion in 1980 to a 1986 third quarter deficit of £8 billion a year... Even with oil production continuing for some time, the current account has gone from a £3 billion surplus to a deficit predicted by the Chancellor of £1.5 billion... Sadly, the Government's great contribution, having refused to stimulate the economy by more respectable means, is a roaring consumer boom, which there is not the slightest chance of their moderating before an election. A roaring consumer boom does not, to any significant extent, mean more employment. In our competitive position, worsening under the Government, it means overwhelmingly higher imports, a still worse balance of payments position and a classic path to perdition. To have produced, after seven and a half years, the combination of total monetary muddle, a worsened competitive position, a widespread doubt in other countries as to how we are to pay our way in the future, a desperately vulnerable currency and the prospect of an unending plateau of the highest unemployment in a major country in the industrialised world is a unique achievement over which the Chancellor is an appropriate deputy acting presiding officer."

- Nigel Lawson

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"The growing confrontation in the Gulf between the US and its Saudi-led allies on one side and Iran and its proxies on the other is now focused on the spate of recent mine attacks on oil tankers, which have been blamed by the US on . This is a standoff that has been coming. It is incontestable that Iran has been guilty of destabilising overreach in the Middle East in recent years, as it has moved to build a crescent of Shia influence from Damascus to Baghdad and Lebanon to Yemen. But Iran’s actions can hardly be said to have occurred in a vacuum. [...] In tandem with the US moves, Saudi Arabia – one of the countries seen as pushing US policy – has increased its oil production to sell to former buyers of Iranian oil, while at the same time vocally supporting moves to strangle . It is not hard, then, to see how these moves might be viewed in Tehran: as part of an escalating offensive from multiple sources threatening its own home front in a campaign of designed to weaken the regime. The , John Bolton, has been an advocate of regime change in Iran in the past. [...] All of which suggests that far from being the work of an irrational actor on the world stage, the recent attacks on the oil tankers are entirely explicable: a calculated demonstration of the vulnerability of the flow of oil to the world’s biggest economies, including to the EU, India and China. So should the attacks be interpreted as a sign of Iran’s desperation, or as evidence that Tehran has internalised the idea that it is dealing with a weak US administration with little international support for its policies in the Gulf, and is gaming its response accordingly? If the answer is the latter, then that is a judgment which has been encouraged by the wildly inconsistent messaging from Trump himself. The US president has appeared to threaten conflict and then just as quickly rule it out. The tanker attacks – if proved to be the work of Iran – are serious. But they would not represent the most potent move available to Tehran in this standoff. That remains the prospect of the country restarting uranium enrichment beyond the limits agreed in the JCPOA, a move it has already threatened, and which would inevitably trigger an in which the US would be only one actor and Europe would inevitably become embroiled. Clues as to where the crisis goes from here might be found in asking who has most to lose. For Iran’s leadership, for which the survival of the clerical regime is an existential priority that looms above all others, capitulation on US-Saudi terms would not appear to be an option. The depth of the US stake in this increasingly dangerous game is far harder to judge, given the usual confusion of Trump’s flip-flopping and the machinations of Bolton, who may be freelancing his own agenda. All of which leaves us to contemplate the most frightening element of all in a complex crisis: that the current occupant of the White House lacks any of the skills required to successfully defuse it."

- Peter Beaumont (journalist)

0 likesJournalists from EnglandEditorsMemoirists from the United KingdomNon-fiction authors