Anthony Barber - Definition

The neutrality of this article is disputed. Please see the relevant discussion on the talk page.

Anthony Perrinott Lysberg Barber, Baron Barber, PC (born 4 July 1920), is a Conservative member of the House of Lords. He was appointed Chancellor of the Exchequer by Edward Heath in 1970.

Anthony Barber, interviewed as the results of the 1970 general election are declared

During his term the economy suffered due to stagflation and industrial unrest. In 1972 he delivered a Budget which was designed to return the Conservative Party to power in an election expected in 1974 or 1975.

This inflationary Budget led to a period known as "The Barber Boom". The measures in the Budget were to come back to haunt the Government who were hit by high inflation and wage demands from Public Sector workers.

In late 1973 Arthur Scargill a high ranking Union official led the Coal Miners out on strike. This strike crippled the country and led Prime Minister Edward Heath to declare a state of emergency (the first since the end of World War II) and a three day week in the use of electricity.

In January 1974 Heath had had enough and called a General Election for February 28th 1974 asking "Who Rules"? The public decided it was not Heath and returned a minority Labour Government and Harold Wilson as Prime Minister.

Anthony Barber was made a Life Peer in 1974 and served as Chairman of Standard Chartered Bank from that year until 1987.

Example Usage of Anthony