§ 25. Mr. Willis
asked the Chancellor of the Exchequer what specific measures he has in mind to reduce the prices of food, housing, clothing, fuel and light, tobacco, and alcoholic drink, as a contribution to the acceptance of an incomes policy.
§ Mr. Boyd-Carpenter
Our policies are designed to combat inflation and to encourage healthy price competition in a free market, which we believe to be in the180W best interests of the consumer and, therefore, the wage earner. Acceptance of an incomes policy is a major factor in our success in achieving faster growth combined with greater price stability and full employment.