That turbulent decade

On 2 January, 1980, a new decade was ushered in with a strike by steelworkers. It was their first national stoppage for half a century, and after three tense months they were rewarded with a 16 per cent pay rise. Once again, a strike seemed to pay off, with weak managers sacrificing long-term gain to avoid short-term pain, whatever the costs ultimately to their industry or to the economy.