HC Deb 11 December 1980 vol 995 c481W
37. Mr. James Hamilton

asked the Chancellor of the Exchequer if he will make a statement on the effect of the value of the pound sterling on his economic strategy.

Sir Geoffrey Howe

The Government's economic strategy is to give priority to defeating inflation by continuing to pursue the medium-term financial strategy, and by leaving the value of the £ to be determined mainly by market forces.