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Watergate at 50: the making of an American scandal

HistoryExtra podcast

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The B B C, the Era of Optimism and Expansion Is Over

The era of 19 sixties optimism and expansion is over. Inflation, the i m f and monetary controls as well in the mid 19 seventies. And this makes it harder for the b b c to justify its own spending. But then you've got perhaps the most significant development, which comes at the end of the seventies. margaret thatcher is elected prime minister. She was someone who needed enemies, and the bb c fitted perfectly her need for enemies.

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