HC Deb 28 November 1967 vol 755 c63W
Sir C. Osborne

asked the Chancellor of the Exchequer, since wage claims submitted since the standstill of July, 1966 have averaged 15 per cent., and settlements averaged 7 per cent., and industrial production has remained stationary, what new steps he is taking to prevent this from increasing the cost of living and causing further inflation.

Mr. Harold Lever

It is the Government's policy to restrain the rate of increase in money incomes in order to achieve greater price stability.