Cryptic crossword clue
It’s viewed as what followed Labour’s Callaghan era? 7

The most common and most likely answer to this crossword clue is the 7 letter word FOOTAGE

I've seen this crossword clue in The Guardian
F
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Buddy explains!

The straight part
We know that "It’s viewed" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case it’s viewed = footage.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does FOOTAGE mean?

FOOTAGE noun
  1. An amount of film or tape that has been used to record something.
  2. A measurement in feet.

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