§ Mr. Adleyasked the Chancellor of the Exchequer how long he expects that it will take before the economic policies being pursued by Her Majesty's Government will have a visible effect on the economy; and if he will make a statement.
§ Sir Geoffrey Howe[pursuant to his reply, 12 March 1980]: The more quickly wage settlements moderate in response to our firm monetary policies, and the sooner companies respond to the opportunities offered by our supply side policies, the more quickly we shall reduce inflation and achieve sustainable economic growth.