It\’s extremely unlikely that such a song would be released in the uber-capitalist Britain of today, let alone get to No 1. But in the progressive, left-leaning mid-1970s, it was always likely to be a hit.
Thanks to the glories of the \”market economy\”, many things which were free, or at least very cheap, 35 years ago, cost a small fortune today. In 1976 you didn\’t have to book up months in advance to find a reasonable train fare from London to Liverpool, you just turned up on the day. Utility bills were not something to be feared in the days when publicly-owned bodies and not profit-hungry private companies provided your electricity, gas and water.
From the comments there:
I don\’t know about Liverpool but in 1976 it cost £5 to go from London to Bristol on the newly introduced Intercity 125–the equivalent of £34.55 in today\’s money (according to This is Money\’s infltion calculator).
You can go there today (and by today I mean this very day, Friday 10th of June) for £34, or £28 if you want to specify which train you\’ll be on.
If you\’re prepared to book \”months in advance\” you can do it for a tenner
(Note that it will be lower than that as a portion of average wages.)
And from Hansard:
Gas and Electricity Prices
HC Deb 22 March 1976 vol 908 cc11-3 11
§ 9. Mr. Peter Morrison
asked the Secretary of State for Energy what is the percentage increase in the cost of electricity since 28th February 1974.
§ Mr. Eadie
I am informed by the Electricity Council that it is about 86 per cent. overall in England and Wales.
What worries is that this ignorant buffoon, Clark, is actually a tutor in economics.