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The Guardian - UK
The Guardian - UK
Business

Back to 1960 - deflation returns to Britain

Deflation 1960: Elvis Presley
The most popular single in 1960 was Elvis Presley's It's Now or Never, which spent eight weeks at No 1 in the charts Photograph: Ho/Reuters
Deflation 1960: Prime Minister Harold MacMillan
1 November 1960: Prime minister Harold MacMillan (1894-1986) writes the number of the first ever £5,000 Premium Bond prize at the National Savings headquarters in London Photograph: Hulton-Deutsch Collection/Corbis
Deflation 1960: National Service sign at Bank
A sign outside the Royal Exchange in London promotes National Service, which was scrapped in 1960 Photograph: Getty Images
Deflation 1960: Coronation Street first episode Ken and Frank Barlow
Coronation Street's first episode on 9 December saw Ken Barlow [William Roache] make his Coronation Street debut alongside his father Frank Barlow [Frank Pemberton] Photograph: ITV/Rex Features
Deflation 1960: Princess Margaret and Antony Armstrong-Jones wedding
Princess Margaret and her husband, the photographer Antony Armstrong-Jones wave from Buckingham Palace on their wedding day, 6 May 1960 Photograph: AFP/Getty Images
Deflation 1960: Two women reading Lady Chatterley's Lover by D H Lawrence
Two women outside a bookshop in Leicester Square, London, with paperback copies of 'Lady Chatterley's Lover' by D H Lawrence, after a jury at the Old Bailey decided that it was not obscene Photograph: Keystone/Getty
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