§ Mr. Woofasked the Chancellor of the Exchequer if he will make a further statement on the Government's policy towards prices and incomes in the light of discussions which are taking place with representatives of the Trades Union Congress.
§ Mr. DellAs my right hon. Friend said in his Budget speech, the extent by which incomes have risen so much faster 511W than prices has imposed a major constraint on the management of the economy. Against this background we will want in our continuing discussions with the TUC to consider how stricter adherence to the guidelines on pay can be achieved.