James Leonard Callaghan (1912-2005) was a British Labour politician.
As chancellor of the Exchequer 1964-1967, he introduced corporation and capital gains tax, and resigned following devaluation. He was home secretary 1967-1970 and prime minister 1976-1979 in a period of increasing economic stress.
As foreign secretary in 1974 Callaghan renegotiated Britain's membership of the European Community.
In 1976 he succeeded Harold Wilson as prime minister and in 1977 entered into a pact with the Liberals to maintain his government in office. Strikes in the winter of 1978-1979 led to his being the first prime minister since Ramsay MacDonald in 1924 to be forced into an election by the will of the Commons, and he was defeated at the polls May 1979.
In 1980 he resigned the party leadership under left-wing pressure.
Why is James Callaghan famous?
James Callaghan was a British Labour politician, who was Prime Minister of the United Kingdom from 1976 to 1979.