HC Deb 19 March 1973 vol 853 c9W
Mr. Bruce-Gardyne

asked the Secretary of State for Trade and Industry what discussions he has had with representatives of private manufacturing industry about the impact on their capacity to finance investment of the obligation to resist wage demands in excess of the provisions of phase 2 of the prices and incomes legislation.

Sir G. Howe

The effect on investment of the phase 2 policy has been one of the matters discussed in the Government's consultations on the code.