§ Mr. Muddasked the Chancellor of the Exchequer if, under stage 3 of the counter-inflation policy, self-financing productivity deals may be entered into irrespective of the 12-month rule.
§ Mr. Robert SheldonYes; but they must be genuinely self-financing in order to qualify.
§ Mr. Muddasked the Chancellor of the Exchequer if he will indicate the nature of sanctions, if any, likely to be imposed on any employer who, having settled under stages 1 and 2 of the counter-inflation policies, proposes to give a 20 per cent. increase having observed the 12-month limit.
§ Mr. Robert SheldonAs my right hon. Friend told the House on 15th July, where a firm has reached a settlement which is quite clearly inconsistent with the Government's policies, we shall take this into account in public purchasing policy and the placing of contracts, and also in the consideration of industrial assistance.