HC Deb 28 October 1976 vol 918 c357W
26. Mr. Ian Lloyd

asked the Chancellor of the Exchequer what new measures he is proposing to reduce the threat to social cohesion by (a) stringent measures to control inflation and public expenditure and (b) the continuing decline in the internal and external value of the £ sterling.

Mr. Robert Sheldon

The Government's policies are directly aimed at restoring and strengthening Britain's industrial performance, on which our economic prosperity depends. We do not accept that such policies represent any threat to the social cohesion of the British nation.