Voluntary Prices and Incomes Policy

HC Deb 10 May 1971 vol 817 c37W

Mr. Deakins

asked the Chancellor of the Exchequer if he will now introduce a voluntary prices and incomes policy.

Mr. Higgins

As my right hon. Friend made clear in his Budget speech, it is the Government's policy to secure a progressive and substantial reduction in the level of pay settlements so as to ensure steadier prices.