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In 1976 the average cost of a pint was 32p! Better than that Elton John and Kiki Dee had just released 'Don't Go Breaking My Heart'. The Chancellor that year was Labour's Denis Healey, who predicted an 'economic miracle' during his budget speech...
Little did he, and the British people, know but things were in fact set to get much worse, with the infamous 'Winter of Discontent' just round the corner.
To mark the 2016 budget, delivered today by Conservative Chancellor George Osborne, we thought we'd take a look at budgets going back each decade to '76...
