Freedom of information logo

Records of the Foreign and Commonwealth Office

Back
Catalogue ref. Date Description
FCO 15/2012 1974 Policy of the UK toward Vietnam

 

 

Outlines aid (both capital and technical) to the country. Includes a note of thanks from Vietnam's foreign minister for Britain's support of South Vietnam in the UNESCO meetings of 1974.

FCO 59/1253 1974 Proposals for common European currency: the 'Europa'
FCO 59/1255 1974 Whitehall contacts with City of London

 

 

Sir George Bolton, former Director of the Bank of England, was worried about a "huge increase in Kuwait oil revenues" and the resulting social and economic problems. He claims that he retired from the Bank of England because he thought the Government policy was going to lead to the extinction of sterling. Blunden also worried that Middle Eastern oil producing states intended economic warfare with the UK.

FCO 96/9 1974 Meetings between Foreign and Commonwealth Office officials and oil companies

 

 

Discussion of the possibility of holding talks with the oil producing nations. The file reveals that Britain feared that the world economy was headed for a long and deep recession and wanted to stay on the right side of the US.

FCO 96/87 1974 United States: meeting between Sir Alec Douglas-Home, Secretary of State for Foreign and Commonwealth Affairs, and Dr Henry Kissinger, United States Secretary of State, London, 20 January 1974

 

 

Dr Kissinger discusses the 1974 oil crisis and expresses his frustration at the Israelis in the peace talks.

FCO 96/87 1974 United States: meeting between Sir Alec Douglas-Home, Secretary of State for Foreign and Commonwealth Affairs, and Dr Henry Kissinger, United States Secretary of State, London, 20 January 1974

 

 

Britain was the biggest supplier of oil to the Irish Republic but 1974 saw Ireland subject to the UK licensing system, whereby the British Government determined the amount of oil and oil products to be sent to the Republic.

FCO 96/139 1974 Energy matters in the Republic of Ireland

 

 

Britain was the biggest supplier of oil to the Irish Republic but 1974 saw Ireland subject to the UK licensing system, whereby the British Government determined the amount of oil and oil products to be sent to the Republic.

FCO 96/157 1974 1974 Arab Oil Embargo

 

 

Joint attempts by EEC and Middle East countries to conduct economic planning in Arab countries using Western technology. Joint research into alternative sources of oil to decrease the EU's dependency on the Middle East.

FCO 96/171 1974 UK policy on North Sea oil and gas licensing

 

 

Discussions about whether Britain should share its oil reserves with Europe regardless of whether an oil emergency existed or not. The file includes a Secret document entitled "What is North Sea Oil worth to Britain?" This report by the Central Policy Review Staff indicated that if the oil shortage of 1974 continued, Britain's economy would record an annual net loss of between £5,500 million and £9,000 million.