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You can say one thing about Jim Callaghan’s Labour government of the 1970s. It certainly kept migration under control. Over the course of his government, Britain saw net migration of around minus 65,000. That had quite a lot to do with a top tax rate of 83 per cent. But if Keir Starter says he
NIALL FERGUSON: It was December 1973, and I was nine years old when I first heard Noddy Holder and Slade belt out the greatest of all British Christmas pop songs. I ve heard it every year since then.