Prince Charles with James Callaghan at Number 10.
PM James Callaghan arrives in India.
James Callaghan with President Anwar Sadat of Egypt.
Chancellor of the Exchequor James Callaghan working at desk on Labour's budget plan. The second budget of the new Labour Government. Brought in Capital Gains Tax and Corporation Tax. The favourable tax treatment of businessmen's entertainment allowances was ended.
Second budget of the new Labour government. Abolition of prescription charges and increased taxation. Chancellor of the Exchequor James Callaghan leaving No. 11. The Budget was followed by one of the most complex finance bills ever.