§ 3.34 p.m.
§ The Chancellor of the Exchequer (Mr. Anthony Barber)The central objective of the Government's economic strategy is to maintain a faster rate of growth of national output. And a key part of that strategy must be to control inflation. There are no other means, no economic devices, no fiscal formulas for achieving the prime purpose which every hon. and right hon. Member of this House shares—to improve the living standards of all our people.
The twin theme of our strategy therefore is this—expansion and the attack on inflation. I start with expansion.