§ Mr. Woofasked the Secretary of State for Employment if he will make a statement on the relevance of the level of unemployment which would depend on the fulfilment of the TUC's guidelines being observed, and its ability to combat inflation.
§ Mr. GoldingThe Government are satisfied that the pay limits recommended by the TUC are consistent with their objective of halving the rate of inflation by the end of next year. This, together with the regeneration of industrial investment and performance is the best way to achieve a reduction in unemployment from the present unacceptably high level.