§ 5. Dr. D. Johnsonasked the Chancellor of the Exchequer whether, in view of the inflationary influences inherent in takeover bids, he will refrain from increasing Government holdings of ordinary shares during his term of office.
§ The Economic Secretary to the Treasury (Mr. Nigel Birch)Her Majesty's Government are not contemplating making any take-over bids.
§ Dr. JohnsonDoes not my right hon. Friend agree that a policy of this nature is, so to speak, prescribing a hair of the dog that bit you as a cure for inflation?