HC Deb 24 November 1970 vol 807 c60W
42. Mr. Jay

asked the Chancellor of the Exchequer if, in view of recent rises in prices and of inflationary wage settlements, he will now take further steps to control increases in both prices and incomes.

Mr. Barber

If the right hon. Gentleman is considering reverting to the previous Government's statutory control of wages and prices, the answer is No, because it was clearly a failure.