§ 17. Mr. Bruce-Gardyne
asked the Secretary of State for Economic Affairs what revisions he intends to make to his economic planning document in the light of the Budget.
§ Mr. Bruce-Gardyne
That is the most extraordinary Answer. Does the right hon. Gentleman not realise that the Chancellor appears already to have shed his target as announced in "The Task Ahead" of a basic balance of £500 million a year? Is not the Chancellor intending to rely instead on his ability to blackmail the Government's overseas creditors into postponing repayment of our debt? Why is the right hon. Gentleman being more royalist than royal?
§ Mr. Higgins
The right hon. Gentleman may say that he is doing that, but could he tell us any measures in the Budget which actually lead to an improvement in the balance of payments?
§ Mr. Peyton
If the right hon. Gentleman really maintains that this document does not need any alteration now, is it not true that the only reason for that is that it is just as useless and meaningless and flaccid as himself and his colleagues?