§ 45. Mr. Bruce-Gardyneasked the Chancellor of the Exchequer for how long he estimates it will be necessary to maintain the Government's target of 1,1,, per cent. to 2 per cent. unemployment.
§ Mr. DiamondThe Government does not have a target for unemployment. However, it is true that some rise in unemployment is likely as a result of the measures announced on 20th July. These measures will be maintained for as long as is necessary to restore the balance of payments to a position of strength.