Back to the 1950s: How UK faces a return to living standards not seen for 70 years
Britons in early 1950s were still living in shadow of the Second World War, with rationing in place until 1954. It meant that foods such as sugar, fat, meat, cheese, tinned goods and eggs continued to be in short supply.
Britain's towns and cities were pockmarked by bombsites, millions of people lived in desperate poverty. But from mid-1950s, there was ballooning prosperity, with wages rising and unemployment extremely low. Prompted Prime Minister Harold Macmillan to tell ordinary people in 1957 that they had 'never had it so good'
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