Roy Jenkins 1983 general election, when Owen succeeded him unopposed. Jenkins was disappointed with Owen's move to the right, and his acceptance and backing of some of Thatcher's policies. At heart, Jenkins remained a Keynesian. He continued to serve as SDP Member of Parliament for Glasgow Hillhead until his defeat at the 1987 general election by the Labour candidate George Galloway, after boundary changes in 1983 had changed the character of the constituency. From 1987, Jenkins remained in politics as a member of the House of Lords as a life peer with the title Baron Jenkins of Hillhead, of Pontypool in the
Roy Jenkins being a "cultural revolutionary" who takes a large part of the responsibility for the decline of "traditional values" in Britain. From 1967 to 1970 Jenkins served as Chancellor of the Exchequer, replacing James Callaghan following the devaluation crisis of November 1967. He quickly gained a reputation as a particularly tough Chancellor with his 1968 budget increasing taxes by £923 million, more than twice the increase of any previous budget to date. Despite Edward Heath claiming it was a 'hard, cold budget, without any glimmer of warmth' Jenkins' first budget broadly received a warm reception, with Harold Wilson remarking that 'it