The Week
On the principle that when tradesmen press You for payment you place further orders on 1.edit Mr Denis Healey asked for another and on the desperate principle that extending credit might be better than foreeil°sing, a consortium of central bankers i!l_lt Great Britain 85300 million. The pound tue, nuced back, to 81.77 on Wednesday and ,ue FT index gained 15 points to reach 380. Sat generous generous foreigner, the King of liitldi Arabia, gave another Englishman, kr Jirnmy Hill, 825 million to make Saudi rabia a 'world football power'. d The British balance of payments coincisr,eillallY showed signs of improvement ; but \v'ete of the excitement of the Great Loan e:3„re_off when it transpired that the Amerh!:‘ed' had only put up part of the $2000
'"I'ltun t in its name.
NiMrs Thatcher gave a hostile reception to dirr Healey's news and issued bloodcurdling staeettves to her followers. The Opposition's 44'3 looked rather unconvincing when on TacTclaY night there were scarcely any r'es ill the House for the final divisions, 41 ' When it became clear that the GovernWould defeat Wednesday's No ConLitlee motion with some ease, as the verals appropriately abstained. itAhn Indian student was killed in Southall et;vest London and something like a riot e:l-leelMr Roy Jenkins visited Southall to 1,7i4teb the tension, and five men were charged itas murder. Mr Jenkins had a busy or at 1 gtri t Mixed week, refusing to allow reprejoi t4tives of the Tote or the Levy Board to lialt. the Jockey Club's new Racing Industry poi;sen Committee, and reinstating a (10,nfetrlan who had been dismissed for inih.`—Ilt assault. The unfortunate Pc took shim from his colleagues and resigned. ott.Yria invaded the Lebanon in force, ill `risibly to hold the corner in the civil war, ktPi ractice to put the Palestinians out of Witi,"„' EgYpt broke off diplomatic relations Arl.)Yria and Yassar Arafat harangued an 41' league meeting which then condemned lilt trlvasion. A Soviet cruiser appeared in visitZiastern Mediterranean. Mrs Gandhi the (...‘" Moscow and Dr Kissinger went to ie/t ":rganisation of American States meetPrtr:11, Santiago. M. Savaugnargues, the kid en Foreign Minister, visited Rumania vi4nl?leaded the case of several Frenchmen prt:111% to marry Rumanian girls. 1varsesident Ford accused Mr Reagan of ohnugering and was accused in his turn lhatiIal he dishonesty'. Mr Jimmy Carter said Was 'loyal to his wife'. At any event, prini all. d Carter won two of the last three keA:les but were defeated respectively by kink n and Brown in California. A dam in "13 burst, killing several hundred people.
A report on the Moorgate disaster suggested that it might have been caused by a 'suicidal impulse' by the driver. Mr George Gaunt, a former aide of Sir Harold Wilson, categorically denied Lady Falkender's claim that she had never seen a draft honours list. British Rail invested in a Picasso costing SI million. Mr Paul Getty and Lord Kinross died.
England enjoyed a heat-wave, with London temperatures in the eighties. The sun did not shine metaphorically on England's cricketers at Trent Bridge, although they managed a draw, thanks largely to a century from Steele. A man was killed in the Isle of Man TT race. The Observer one-man race set sail from Plymouth. Youth won the French Derby.
The miners voted to accept the Government's 4 per cent pay deal. Mr Len Murray had a heart attack. A security guard at a Vauxhall car-plant was sacked, under union pressure, for being too efficient. Mr Foot postponed the final stages of his air and shipping nationalisation Bill.
Ad Air France Concorde had to turn back in mid-Atlantic, and the French Transport Minister said that no more Concordes would be built. Richard Burton found it was not as easy as he had hoped to get a divorce in Haiti. The ProcuratorGeneral of Genoa was assassinated as electioneering warmed up. And in Asuncion, Paraguay, a Croatian terrorist shot a Uruguayan diplomat, mistaking him for the Yugoslavian ambassador.
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