economic changes in Birmingham since 1970s
1. earnings fell from highest in the UK to almost lowest of any region
2. unemployment reached 19% in 1982
3. biggest decline in work force in metal goods and vehicles and biggest growth in finance and business services
4. oil crisis of 1973, where oil was 10x as expensive- couldn't afford energy for factories, leading to closure
5. in 1970s, vehicle industry went into decline and foreign-based TNCs began to sell in British car market
6. overseas car manufacturers set up factories in less well-off places due to grants from local government
7. strikes frequent during 1970s