§ Mr. Deakinsasked the Chancellor of the Exchequer whether he recognises any difference between public and private capital investment in industry in terms of inflationary effects.
§ Mr. BrittanThe inflationary consequences of both public and private capital investment in industry depend 157W on the nature and timing of the particular project concerned and how it is financed. It is not possible to say in general terms whether public or private sector investment is more inflationary.