Britain’s Economy Has Transformed During Queen’s 70-Year Reign
The UK economy of 2022 is barely recognizable from
the one that greeted Queen Elizabeth II 70 years ago.
Butter, bacon and meat were rationed in 1952 as World War II cast a
long shadow over an economy that was just a fifth of current size.
Money was counted in shillings, men wore ties even on days off and
Today, suits and cash are both a far less familiar sight in the British
pub, while wine and gin have both become much more popular tipples.
Houses that once could be bought on one income now require two.
But some problems of that era remain familiar. Inflation was at 11.2%