§ Sir C. Osborneasked the Chancellor of the Exchequer if he will revise his policy of excluding the nationalised industries from the restraint imposed on the growth of the public sector expenditure of 4¼ per cent. per annum since they contribute nothing in taxation from profits for the maintenance of the 225W Welfare State, and make no direct contribution to exports, but are an immediate strain on sterling; and if he will make a statement.
§ Mr. CallaghanAs the premises on which the hon. Member's Question is based are false, the answer is No.