HC Deb 03 April 1978 vol 947 c65W
Mr. David Price

asked the Chancellor of the Exchequer, in view of the fact that the average growth rate of manufacturing industry between 1975–77 was 0.7 per cent. a year as compared with the Treasury's Scenario II target of 7.9 per cent. a year, when he will withdraw his Scenario II and bring forward a new industrial strategy.

Mr. Joel Barnett

The Scenario II targets have been overtaken by the latest reports of the sector working parties, many of which include quantified targets for their sectors. A summary of these reports was presented to the National Economic Development Council in February, and a copy is in the Library of the House.