HC Deb 23 February 1978 vol 944 cc786-7W
Mr. Arthur Lewis

asked the Chancellor of the Exchequer what was the reason for the fall in 1977 of production to the levels of the 1974 three-day working week; what action he proposes to take to change this situation and improve production; and whether this will include reducing the number of unemployed.

Mr. Joel Barnett

There is no one single cause of the disappointing performance of industrial production during 1977, but one important element was certainly the depressed level of demand in the industrialised world generally. On the other aspects of the question, I must ask my hon. Friend to await my right hon. Friend's Budget Statement.