P172 BEEBFAX 122 Thu 31 Dec --:--/--
NUM to interfere with the market,
risking public inflation.
Two million manufacturing jobs were
lost between 1979 and 1981,
which some ascribe to Thatcherian
policies,
and others see as the inevitable
result of decades of nationalization
of unproductive industries in the face
of rising competition
from lower cost producers.
Following a narrowly averted strike in
1981, the government announced on 6
March 1984 their intention to close 20
coal mines, revealing as well the plan
in the long-term to close over 70
pits.
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