§ 55. Mr. Ian Lloydasked the Secretary of State for Employment, if he is satisfied with the recent trend in the level of wage settlements of which he has been notified; and if he will make a statement.
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§ Mr. BryanI am satisfied that the upward trend of pay settlements which took place between 1969 and 1970 has been reversed this year. But the level of settlements remains much too high in relation to the growth of national productivity.