Labour government, 1974–1979
In March 1976, having just turned sixty years old, Wilson resigned as Prime Minister, ending his leadership of the Labour Party after thirteen years, and a total of nearly eight years as Prime Minister. He was replaced by James Callaghan, who had held senior government positions during both of Wilson's ministries, and had served as a Shadow Cabinet member in the early-1960s.
Harold Wilson
Wilson's first period as Prime Minister coincided with a period of low unemployment and relative economic prosperity, though hindered by significant problems with Britain's external balance of payments. In 1969 he sent British troops to Northern Ireland. After losing the 1970 election to Edward Heath, he spent four years as Leader of the Opposition before the February 1974 election resulted in a hung parliament. After Heath's talks with the Liberals broke down, Wilson returned to power as leader of a minority government until another general election in October, resulting in a narrow Labour victory. A period of economic crisis had begun to hit most Western countries, and in 1976 Wilson suddenly announced his resignation as Prime Minister.