The British invasion hadn't started yet, nor had corporate America scorched musical innovation by giving our best musical minds two options - either squeeze yourself into some marketal niche-like easy listening or go cut a record for a label that won't market you and can bail you forward to get you into the stores.
Asked how the government could guarantee that no extra UK money for the IMF would bail out the eurozone, Mr Hoban said all contributions go towards its "general resources" and of 53 IMF programmes worldwide at the moment, only three were in the eurozone.