The end of the long peace and the First World War, 1914-1918; British industry and transport between the wars; commercial and financial developments; social conditions between the wars; the British economy in total war, 1939-1945; reconversion to peace, 1945-1950; production and incomes, 1950-1980; trade and finance in transformation; the government and the economy; a new departure in economic policy 1979-1990.