§ Mr. Deakinsasked the Chancellor of the Exchequer what is implied by the phrase "redistribution of public expenditure" in his statement of 18 November, Official Report, c. 232, about the European Economic Community Joint Council of Employment and Finance Ministers on 16 November.
§ Mr. BrittanThe phrase "redistribution of public expenditure" was included in the conclusions of the joint council. Ministers wished to signify by it their intention of redistributing public expenditure, without increasing the total, from consumption towards expenditure which would enhance the development of productive capacity thus increasing competitiveness.