HC Deb 03 August 1971 vol 822 c1327
Q2. Mr. Joel Barnett

The Prime Minister

Yes, Sir: and in particular that part which read: A vote for the Socialists now would mean S.E.T. back again—the reductions in taxation cancelled—the Industrial Relations Bill taken off the Statute Book and Mr. Wilson on our backs again as Prime Minister. Let us banish such nightmares and get on with the business of restoring the nation's fortunes.

Mr. Barnett

Is the Prime Minister aware that economic experts other than the Foreign Secretary are unable to interpret the Government's changes in policy quite so easily? For example, do the Government intend to pursue a prices and incomes policy to sustain the 3 to 3½ per cent. growth in the March Budget or the 4 to 4½ per cent. growth planned in the July mini-Budget?

The Prime Minister

The C.B.I, has taken its own initiative on prices, and any initiative which the T.U.C. may take in response to that will be warmly welcomed.