1972 – Classic Rover P5 (3 Litre) and P5B (3.5 Litre)
1972. The U.S. brings to an end its most divisive and unsuccessful military campaign as the last US ground troops withdraw from Vietnam. It’s a dark year for sport with the massacre of 11 Israeli athletes by Arab gunman.
This year also sees the beginning of the biggest political scandal in modern times: the Watergate Scandal. Richard Nixon orders the start of the Space Shuttle program, Digital Watches are introduced, Hewlett Packard introduce the first scientific hand-held calculator (HP-35) priced at £250, and Atari kicks-off the first generation of video games with the release of PONG.
In Ireland, a worsening of the troubles between the I.R.A. and the British government see atrocities committed on both sides and many innocent lives lost. The I.R.A. explode a bomb at the 16th Parachute Brigade headquarters in Aldershot. The Second Cod War breaks out between UK and Iceland over fishing-rights. UK unemployment rises to one million for the first time since the depression of the 1930s.
Prime Minister: Edward Heath
Annual Inflation Rate (RPI): 7.1%
Average House Price (UK average): £7,880 / £99,560 adjusted for inflation (2015)
Litre of Petrol: 7.8 New Pence / £0.99 adjusted for inflation (2015)