Devaluation 1967: The Pound in your Pocket

In 2007 BBC Parliament organised a theme night marking the 40th anniversary of the devaluation of the Pound in November 1967. 'The Pound In Your Pocket' was presented by Cliff Michelmore, and featured reminiscences from some of those around at the time: Tony Benn, Robin Butler, John Cole, William Davis, Roy Hattersley, Denis Healey, Peter Jay, Patrick Jenkin, Robert Sheldon, Dick Taverne, Graham Turner, Alan Watson and Alan Williams. The archive programmes are: 07:25 The Money Programme (Friday 17 November 1967), the day before devaluation. 45:05 A Money Programme retrospective film about devaluation, originally shown in December 1967 55:33 Our Money (Sunday 19 November 1967). Robin Day presents a devaluation special programme, including 1:00:31 Ministerial Broadcast by Prime Minister Harold Wilson. 1:52:22 My Favourite Prime Minister - Harold Wilson. One of a series of quick profiles made for BBC Politics Live in 2007. 2:00:02 Leader of the Opposition Edward Heath response to the Ministerial Broadcast (Monday 20 November 1967). 2:14:56 24 Hours (Monday 20th November 1967). Cliff Michelmore presents the BBC current affairs flagship. 2:40:16 Panorama (Monday 20th November 1967). Robin Day reports on devaluation. 3:16:06 24 Hours (Wednesday 29th November 1967). Cliff Michelmore presents, as Chancellor James Callaghan and Home Secretary Roy Jenkins swap jobs. Callaghan is interviewed. Unfortunately the Jenkins interview was unreadable. 3:29:12 24 Hours (Tuesday 16 January 1968). Cliff Michelmore examines the government's announcement of public spending reductions. They ask, is it death by a thousand cuts? 4:08:24 Budget Broadcast by Roy Jenkins (Tuesday 19 March 1968). 4:17:36 Budget Response by Iain Macleod (Wednesday 20 March 1968). 4:28:55 Budget '68 (Tuesday 19 March 1968). Highlights from the BBC's live coverage of the budget. This programme shows how difficult it was to cover Parliament with no live pictures or sound from the chambers. 4:58:51 24 Hours (Tuesday 19 March 1968). Cliff Michelmore analyses the budget. Includes a comedy sketch at 5:23:19 with Nigel Hawthorne impersonating Roy Jenkins.