HC Deb 22 June 1972 vol 839 c159W
52. Mr. James Hamilton

asked the Secretary of State for Employment whether he now intends to introduce a statutory incomes policy.

Mr. Chichester-Clark


53. Mr. Meacher

asked the Secretary of State for Employment if he will invite the Trades Union Congress and the Confederation of British Industry to 10, Downing Street to discuss an incomes policy, in the light of the latest National Institute report.

Mr. Chichester-Clark

The report confirms that if pay settlements are made at excessive levels prices are bound to increase at unacceptable levels. The current series of talks with the TUC and CBI which cover a wide range of economic issues will indicate the prospects for any new approach to securing moderation in pay settlements.

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