HC Deb 13 December 1978 vol 960 c244W
Mr. Brocklebank-Fowler

asked the Secretary of State for Industry if he will estimate the sectors of British manufacturing industry which assuming that no further import restrictions are imposed by Her Majesty's Government are likely to lose their competitive advantage to third world imports over the next five years.

Mr. Les Huckfield:

Industries most likely to face severe competition from the Third world will be those which are unable to maintain a sufficient competitive edge to offset the lower labour costs of Third world competitors. The extent to which such industries are able to maintain their competitive advantage over the next five years will depend on their success in improving their productive efficiency, marketing and the sophistication and other characteristics of their products.