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The Crash of Rolls-Royce

BBC Radio 4
on BBC Radio 4 FM

On 3 February 1971, the Cabinet met in special session. Edward Heath left his Ministers to confer with President Nixon on a 'hotline' to Washington. That call confirmed the decision that one of Britain's proudest and most successful companies would go bankrupt - 'the greatest financial disaster in Britain's history', according to the company's receiver. But where did the company go wrong? Who was to blame? Should Mr Heath's new government have revised its policy towards 'lame ducks' and prevented the bankruptcy?

Norman Inness reports.

Contributors

Reporter:
Norman Inness
Producer:
Leslie Robinson
Source: Radio Times

BBC Radio 4 FM

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