HC Deb 05 December 1957 vol 579 cc70-1W
69. Mr. Shurmer

asked the Chancellor of the Exchequer in view of the interruption of production and short-time working which normally exist among Birmingham manufacturers of consumer goods during January, February and March each year due to uncertainty about Purchase Tax changes, what action he will take to prevent any further increase in unemployment during the first quarter of 1958 due to his policy of dearer money.

Mr. Powell

The Government's monetary policy is an essential part of its measures to protect employment against the danger from continued inflation.