HC Deb 03 August 1976 vol 916 c689W
Mr. Nott

asked the Chancellor of the Exchequer whether it remains his policy to achieve a 7 per cent. year-on-year rate of inflation by late 1977.

Mr. Joel Barnett

The Government's policy, as set out in the counter-inflation White Paper (Cmnd. 6507), is to get our inflation rate at least down to international levels by the end of 1977, and to keep it there.