HC Deb 26 July 1977 vol 936 cc123-4W
Q9. Mr.Tebbit

asked the Prime Minister if, pursuant to his statement that the forecasts for 1978 are good and the indicators are generally in the right direction,Official Report,5th July 1977, column 1108, he remains satisfied that remains the case.

Q16. Mr.Michael Morris

asked the Prime Minister whether, pursuant to his statement that the forecasts for 1978 are good and the indicators generally are moving in the right direction, if he is satisfied with the latest indicators.

The Prime Minister

As I said on 5th July, there are a number of serious problems that we must face and overcome. But the indicators show that the country now has a real opportunity to break out of the past cycle of rising inflation accompanied by payments deficits and inadequate investment at home.

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