§ 8. Mr. Iremongerasked the Paymaster-General, in view of the inflationary effect, in certain circumstances, of wage increases in the nationalised industries for which he has a responsibility, if he will consider the desirability of introducing legislation to make it ultra vires for the boards of these industries to make wage increases which are not matched by national productivity, and to assign a specific function to the Council on Prices, Productivity and Incomes in assisting the boards to shape their wages policies in the general national interest.
§ Mr. RentonThe Government do not propose to interfere with the normal procedure of wage negotiations in the nationalised industries.
Questions regarding the functions of the Council on Prices, Productivity and Incomes should be addressed to my right hon. Friend the Chancellor of the Exchequer.